Wow...it is like $30 here.
On Thu, Aug 6, 2015 at 11:52 AM, That One Guy /sarcasm <
thatoneguyst...@gmail.com> wrote:
> Jesus H Christ, So I have to do this LLC-5.5 to establish an LLC in
> Illinois for 500 bucks, then LLC-45.5 to get permission to actually conduct
> business for another 500 bucks, and yearly 250 bucks LLC-50.1 report?
>
> And this is just to have a bank account?
>
> And I suppose under purpose, I cant put anything about doing stuff to
> their mother either
>
>
> On Thu, Aug 6, 2015 at 12:35 PM, Bill Prince <part15...@gmail.com> wrote:
>
>> In CA it is a completely different agency called the BOE (Board of
>> Equalization) that you have to deal with to charge sales tax. We got the
>> sales permit from the BOE, but at some point it became simpler for us to
>> give away the hardware. Instead, we increased the service charge (which is
>> not (yet) taxable in CA).
>>
>> bp
>> <part15sbs{at}gmail{dot}com>
>>
>>
>> On 8/6/2015 9:28 AM, Ken Hohhof wrote:
>>
>> If you are going to collect sales tax, you will need to file some
>> paperwork with the state. I believe you will need an Illinois reseller
>> ID. Note once you have one, they will hound you for the quarterly
>> paperwork, and don’t ever be late. The penalty for being late sending them
>> $0.23 in sales tax will be something like $50. Ask me how I know. I
>> finally refused to resell hardware and cancelled my reseller ID to make it
>> stop.
>>
>> So the point was sole proprietor is easy (if risky to your personal
>> assets), probably just file a form with the county clerk and open a
>> separate bank account under your DBA, but there will be additional
>> paperwork if you collect taxes or have employees.
>>
>> As Doug pointed out, you really should have a lawyer and accountant. You
>> don’t know what you don’t know. They can advise you if you are making the
>> wrong choice about sole proprietorship, partnership, LLC, PC, S Corp, C
>> Corp, etc. for various reasons including putting your personal assets at
>> risk, tax consequences, and whether your business can have a subsidiary.
>>
>> There are probably some advantages to a sole proprietorship, like as long
>> as it’s just you, I think you can ignore OSHA. Woo hoo, look at me, I’m 7
>> feet off the ground without fall protection!
>>
>>
>> *From:* That One Guy /sarcasm <thatoneguyst...@gmail.com>
>> *Sent:* Thursday, August 06, 2015 11:12 AM
>> *To:* af@afmug.com
>> *Subject:* Re: [AFMUG] Legalzoom
>>
>> for a small, on the side business sole proprietorship would seem
>> sufficient.
>>
>> Whats this you say about sales tax, a sole proprietor cant take in sales
>> tax?
>>
>> On Thu, Aug 6, 2015 at 10:51 AM, Bill Prince < <part15...@gmail.com>
>> part15...@gmail.com> wrote:
>>
>>> This stuff is not rocket science. It might be difficult for a lawyer,
>>> but it's a fairly rote process. I've done it a couple of times, and yes,
>>> you need to issue stock (if a corp), publish minutes, and a couple of other
>>> things. In CA, the SOS office has a little checklist of what you need. It
>>> takes maybe an hour or two to pull it all together.
>>>
>>> bp
>>> <part15sbs{at}gmail{dot}com>
>>>
>>>
>>> On 8/6/2015 6:45 AM, Hass, Douglas A. wrote:
>>>
>>>
>>>
>>> -1000
>>>
>>>
>>>
>>> If you just need to file corporate formation papers and nothing else,
>>> you can probably do it by downloading the free forms your state provides.
>>> Registering a DBA name is easy, too. Usually just a form that doesn’t take
>>> a degree to figure out how to complete. Having an attorney is helpful, but
>>> by no means necessary. *On the other hand, LegalZoom is a complete
>>> waste of money.* You don’t need to pay LegalZoom unless you like
>>> snazzy web interfaces/hate PDFs so much that you are willing to pay money
>>> to use/avoid one.
>>>
>>>
>>>
>>> HOWEVER FILING THE FORMS ISN’T ALL YOU NEED TO DO!
>>>
>>>
>>>
>>> If all you do is pay the filing fees and file the forms, you haven’t
>>> done what you need to create a corporation that protects you and your
>>> personal assets (or other corporate assets), and you may not have done
>>> enough to actually transact business in the state or location where you are
>>> located. You have to follow a number of other corporate formalities, too
>>> (corporate books, minutes, resolutions, state registrations/licenses, local
>>> registrations/licenses, etc.) or you will have just wasted your time and
>>> money. As Ken pointed out, most states have annual filing requirements,
>>> too.
>>>
>>>
>>>
>>> Retaining a lawyer that specializes in this area, as well as a good
>>> small business accountant, is a must. Otherwise, you’re risking your
>>> business right from the start.
>>>
>>>
>>>
>>> Doug
>>>
>>>
>>>
>>>
>>>
>>> *From:* Af [ <af-boun...@afmug.com>mailto:af-boun...@afmug.com
>>> <af-boun...@afmug.com>] *On Behalf Of *Bill Prince
>>> *Sent:* Thursday, August 06, 2015 8:25 AM
>>> *To:* <af@afmug.com>af@afmug.com
>>> *Subject:* Re: [AFMUG] Legalzoom
>>>
>>>
>>>
>>> +1.
>>>
>>> You can do an LLC or an S corp for just the filing fee ($25 in CA). The
>>> process is fairly simple; even I can do it.
>>>
>>> Doing a DBA is also pretty simple, and only costs $10 or $20 to publish.
>>>
>>>
>>> bp
>>>
>>> <part15sbs{at}gmail{dot}com>
>>>
>>>
>>>
>>> On 8/6/2015 6:15 AM, Joshaven Mailing Lists wrote:
>>>
>>> You probably don’t need a lawyer to file the LLC. I’ve seen companies
>>> that use one where the lawyer is payed to fill out a form that is easier to
>>> fill out then a 1099ez. Look into getting a LLC form form the state first…
>>> you probably want a lawyer to draw up your articles of organization though.
>>>
>>>
>>>
>>>
>>>
>>> Sincerely,
>>>
>>> Joshaven Potter
>>> MTCNA, MTCRE, MTCWE, MTCTCE, UACA
>>> Google Hangouts: <yourt...@gmail.com>yourt...@gmail.com
>>> Cell & SMS: 1-517-607-9370
>>>
>>> <supp...@joshaven.com>supp...@joshaven.com
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>> On Aug 6, 2015, at 9:10 AM, Ken Hohhof < <af...@kwisp.com>
>>> af...@kwisp.com> wrote:
>>>
>>>
>>>
>>> Find a local lawyer who specializes in small business, you can set up an
>>> LLC or S Corp and do the annual filings with the state for a couple hundred
>>> dollars a year and you will have someone to consult when related stuff
>>> comes up. I use these guys (gals, actually), I’m sure there is something
>>> similar near you.
>>>
>>> <http://www.cartertani.com/>http://www.cartertani.com/
>>>
>>>
>>>
>>>
>>>
>>> *From:* That One Guy /sarcasm <thatoneguyst...@gmail.com>
>>>
>>> *Sent:* Wednesday, August 05, 2015 11:10 PM
>>>
>>> *To:* af@afmug.com
>>>
>>> *Subject:* [AFMUG] Legalzoom
>>>
>>>
>>>
>>> Is this outfit worth dealing with for stuff like a dba for a small
>>> business that will probably generate 22 bucks and a bad taste in the mouth.
>>> I assume everybody here did this among other things once upon a
>>> lonesome. It's like 99 to 150 bucks plus the filing fees.
>>> Is a dba something you can muck up on your own?
>>>
>>>
>>>
>>>
>>>
>>>
>>> *Douglas A. Hass*
>>> Associate
>>> 312.786.6502
>>> d...@franczek.com
>>>
>>> *Franczek Radelet P.C.*
>>>
>>> 300 South Wacker Drive
>>> Suite 3400
>>> Chicago, IL 60606
>>> 312.986.0300 - Main
>>> 312.986.9192 - Fax
>>> www.franczek.com
>>> www.wagehourinsights.com
>>> Connect with me:
>>> [image: linkedin] <http://linkedin.com/in/douglashass> [image: twitter]
>>> <https://twitter.com/WageHourInsight>
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>>>
>>
>>
>> --
>> If you only see yourself as part of the team but you don't see your team
>> as part of yourself you have already failed as part of the team.
>>
>>
>>
>
>
> --
> If you only see yourself as part of the team but you don't see your team
> as part of yourself you have already failed as part of the team.
>
