|
|
ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
23 December 2008, 03:50 PM
|
#1 |
|
Member
Join Date: Dec 2008
Location: usa
Posts: 165
|
HELP!! Lawyers, CPAs, Doctors
My wife is a DDS and I'm thinking of opening a place for her. How should I incorporate the business? I'll be funding it using her license with hired help. That way, we can hopefully start a family.
1. Should I do a S Corp? C Corp? LLC? Professional Corp? Professional LLC Corp? It will just be me and her for ownership. Any Ideas? 2. Should I incorporate in my state of CA or Delaware or Nevada? what's better?   
|
|
|
|
1 January 2009, 04:29 PM
|
#2 |
|
"TRF" Member
Join Date: Nov 2007
Real Name: Leighton
Location: So. California
Watch: SS GMT IIc
Posts: 1,366
|
Depends on what your CPA and tax lawyer recommends. Your question is way too complex for this forum. However, there is probably one guy here that could answer your question, but he has been distracted with some new Hoover technology.
__________________
GMT MASTER II 116710N 
|
|
|
|
|
2 January 2009, 12:08 AM
|
#3 |
|
"TRF" Member
Join Date: Jan 2007
Real Name: Dick
Location: USA
Watch: SubND,DD,SSDaytona
Posts: 2,257
|
Get thee to a CPA. Then to a lawyer. Taking advice over the internet is like getting your dental work done by a cabdriver - just a bad idea. Good luck!
__________________
“The only reason for time ....................... is so that everything doesn't happen at once." Albert Einstein |
|
|
|
|
2 January 2009, 05:13 AM
|
#4 | |
|
"TRF" Member
Join Date: Jan 2006
Real Name: John
Location: Canada, eh
Watch: can I?
Posts: 6,240
|
Quote:
Stuff like this you need a face to face with a good CPA. You don't want to mess it up right from the get go. You are starting a business, you need a good lawyer, CPA & Banker in your corner. It is a small investment up front, but will pay off in the long run. Trust me, i do this for my clients ( i am a CGA ( Canada's version of a CPA)), Best of luck. Don't just call one from the phone book, ask business people in your area who they use & if they are happy with them. You should get a free consultation up front. Don't expect any advise during this meeting, but rather an interview process to make sure the two of you get along & will meld together to forge forward.
__________________
Something witty to go here. Member # 293 
|
|
|
|
|
|
2 January 2009, 09:30 AM
|
#5 |
|
"TRF" Member
Join Date: Sep 2007
Real Name: Bubba
Location: Bitsyville!
Watch: Blue YM today!
Posts: 10,053
|
C-Corp.....Possible double taxation...i.e. dividends.
S-Corp....Cannot own Real Estate. Some savings on the Medicare portion, which has no W-2 limits, and is 1.45%. LLC....Best for real estate transactions/holdings/ownership. Just scratched the surface and food for thought. What do I know anyway. 
|
|
|
|
|
2 January 2009, 09:36 AM
|
#6 |
|
Member
Join Date: May 2008
Real Name: Brian
Location: New York
Watch: too many
Posts: 705
|
S Corps can hold real estate.
|
|
|
|
|
2 January 2009, 12:33 PM
|
#7 | |
|
"TRF" Member
Join Date: Sep 2007
Real Name: Bubba
Location: Bitsyville!
Watch: Blue YM today!
Posts: 10,053
|
Quote:
|
|
|
|
|
 |
| Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.
Linear Mode
