Starting a LLC

LLC vs LLP

Published on 2009-08-25 21:14:00

A lot of people ask me about the difference between an LLC and an LLP. Fortunately for them and for you, the LLC versus LLP question is easily explained.Formation of either an LLCs or LLPs are relatively simple if done correctly by a qualified person (Please only trust this to a Certified Public Accountant or a good attorney).The creation of the new entity starts by filing articles with the home state's Secretary of State Office. The process varies from state to state, and the forms required var

Corporation or LLC

Published on 2009-08-24 21:45:00

Corporation or LLC (Limited Liability Corporation)Starting a NY corporation or an NY LLC is a big decision and not one that should be taken lightly.  It is important to weigh both the pros and cons of both legal entities.  The decision to choose your business identity should be discussed with either your CPA (Certified Public Accountant) or your attorney.  Please utilize one of these professionals to start your new business venture.  The tax consequences of either choice can