Internet businesses corporation best type to start with without knowing profits? I have read about the various types of corporations, but am stalled. Not sure the best type of corporation to start, because I don't want to be stuck paying taxes/fees if I don't turn a profit.
1. When does an internet business have to incorporate? At what point in the process...best to incorporate before starting? What did MJ do?
2. I read that CA c and s corporations are eligible for a waiver of this $800 tax in its first year if it hasn?t reached a minimum income level, whereas LLCs are not. Better to go this route?
Thank you!!
1. When does an internet business have to incorporate? At what point in the process...best to incorporate before starting? What did MJ do?
2. I read that CA c and s corporations are eligible for a waiver of this $800 tax in its first year if it hasn?t reached a minimum income level, whereas LLCs are not. Better to go this route?
Thank you!!
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