Happy Links

December 29, 2005 in Happy Links

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The Particletree article is very useful to those of us who are sniffing around the hydrant a bit before starting a company. Taxes and lawyers scare me worse than the avian flu, but it turns out you can create an LLC online for about $350...without setting foot in a lawyer's office.

Posted by: Christian von Kleist | Dec 29, 2005 3:21:07 PM

Wait, are you equating going solo with taking a leak on a fire hyrdant?

FWIW, you don't need an LLC either. It might be handy at some point, but you can be a simple sole proprietor and worry about that stuff later (if ever). I've been a sole prop for 6+yrs, with and without employees, and it works for me. My advice would be to forget all the legal garbage for now, keep your work and personal money separate for tax purposes, plan on using Turbo Tax to help you sort it out and get after it. I had a modestly priced personal accountant help me for the first tax year to make sure I didn't screw anything up and got me on a quarterly payment schedule. From there, TurboTax keeps you in line. It's not *that* complicated (although it can feel daunting).

(That said, the PT article does have great advice if you want to do it the way they do).

Posted by: Carson McComas | Dec 29, 2005 3:27:54 PM

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