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re: Starting a business - please advise which type
Posted on 7/12/22 at 12:04 pm to TXTIGERTAIL
Posted on 7/12/22 at 12:04 pm to TXTIGERTAIL
That's what I would do for now. If you become a sole proprietor exclusively going forward it could be worth setting up an S Corp, but that comes with more accounting administration and you are subject to Texas Franchise Tax.
Based on your limited info, it seems like LLC is your best bet for now, but it could be worth meeting with a CPA.
Based on your limited info, it seems like LLC is your best bet for now, but it could be worth meeting with a CPA.
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