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October 1, 2013 at 7:51 am #151802Steven MorganParticipant
This is kind of a different question for CSS-Tricks.
Me and a co-worker are starting our own company and wondering what the best approach is as far as licensing. Obviously we would want to pay as little in taxes as possible, but still be protected.
We are both web developers and have quite a bit of business. We aren’t sure if we should get an LLC, or just file taxes as individuals working under the same business license.
Just not sure what the difference is, or best approach. What have you gone with?October 1, 2013 at 8:09 am #151804Paulie_DModerator
This is one case where you DEFINITELY need the advice of a Tax Attorney.
Your specific situations will impact the decisions you have to make. You might need to consider a variety of factors, location, marital status, personal offsets etc. that may not apply to others.October 1, 2013 at 1:59 pm #151843Steven MorganParticipant
@jurotek thanks for the advice. Yes we will both be equal partners. I do more front-end development and my partner does more database/backend work.
Great advice.October 2, 2013 at 9:59 pm #151930
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