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Author Question: What are the major tax risks involved with incorporating a new business? (Read 1035 times)

Yolanda

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on: Jun 29, 2013
For several years, I've been working with a mentor on opening a business. I'm still working on how large a business I will be able to maintain, and have been contemplating between LLC and a Corporation. Please provide expertise from a tax perspective. Thank you.


hummingbird

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Reply #1 on: Jun 29, 2013
I don't know about the tax advantages,

However, I do know that there there is "risk involved with any business, 1. restraunts, 2, furniture stores. 3 other retail, I'm not sure ho the others rank, but be sure you do your homework first which it sounds like you are doing.


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Yolanda

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Reply #2 on: Jul 5, 2013
Thanks :)


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