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Emc2
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Username: Emc2

Post Number: 5255
Registered: 03-2008
Posted From: 199.107.16.132

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Posted on Thursday, March 15, 2012 - 12:34 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Dma:

S Corporation
- LLC




since he has GC he can form a S corp,don't go for C corp,you have to pay double taxes..that is for h1's and non GC holders..
cherapakura chedevu.
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Dma
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Username: Dma

Post Number: 4973
Registered: 11-2009
Posted From: 70.176.202.116

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Posted on Thursday, March 15, 2012 - 12:32 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Maverick:

Did you consider registering a company for consulting purposes? What is the process? does it change for every state? any firms/attorneys to help this?




There are 3 types of Corporations.
- Corporation
- S Corporation
- LLC

Read about these.

Yes. the process is different by state, but most of it is common.

For starters and single owners, small and medium businesses, LLC is simpler to manage.

Here is the process at high level.

- Choose a name
- register at state corporate commission
- after approval, publish articles of incorporation
- get EIN from federal govt.
- if you sell goods (IT services may or may not require depending on state), get sales tax license from state


As far as attorney - you dont need it if u are incorporating LLC. but, if u r going with Corporation, its worth it. because, it involves a little more documentation.


GoodLuck.
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Basky_indya
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Username: Basky_indya

Post Number: 31818
Registered: 10-2007
Posted From: 198.228.234.162

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Posted on Thursday, March 15, 2012 - 12:29 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Mav tax egadobbutham ani choostunaxu
ikkada oka comp pettu desam lo oka comp pettu
exporting sw ani mothham cover cheyocchu expenses laaga
gc is not freelunch ammaaaa

ikkadayina India ayina taxlu 30percnt vaaayistharu
kiki
kRUshITHO nAsthee dURbhikSHAM!!
JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu..
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Emc2
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Username: Emc2

Post Number: 5253
Registered: 03-2008
Posted From: 199.107.16.132

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Posted on Thursday, March 15, 2012 - 12:26 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Maverick:




simple go to CPA,aadu $300 teesukuntadu(you can also regester your self from legal zoom etc..)

plus regestration fee inko 300 to 400 untundi..

15 mins job all set,you will recive fed id,state id etc in 30 days..

but you can perform business etc from the day one..

next start struggles..

you have to take care about quarterly reports,annual tax filing,all taxes paying..
cherapakura chedevu.
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Andhrawala
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Username: Andhrawala

Post Number: 10671
Registered: 03-2008
Posted From: 152.51.56.1

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Posted on Thursday, March 15, 2012 - 12:25 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Maverick:

Did you consider registering a company for consulting purposes? What is the process? does it change for every state? any firms/attorneys to help this?

King, i think u did this..can u share?




What type of job u or ur wife do?

If anyone works as Contractor isntead of FUlltime position u can open Company and work on 1099 instead of being W2 employee to some staffing company

U canopen company thro CPA. Total expense to register with CPA will eb arnd 500

If u do ur self it will be 150


SOme Liabilty Insurance for arnd 1 millin theesukovaali which will cost u $1000 per year for company purpose
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Funny
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Username: Funny

Post Number: 2552
Registered: 08-2008
Posted From: 64.132.227.66

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Posted on Thursday, March 15, 2012 - 12:22 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Maverick:


GC vochaaka rojuki oka question esi saavagoduthunnavugaa janaalani!!
Take it easy
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Maverick
Legend
Username: Maverick

Post Number: 35930
Registered: 01-2008
Posted From: 70.39.231.92

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Posted on Thursday, March 15, 2012 - 11:08 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

gc kottalo edo Kotta bicchagadi question anukokunda, telisina vallu cheppandi pls
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Maverick
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Username: Maverick

Post Number: 35929
Registered: 01-2008
Posted From: 70.39.231.92

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Posted on Thursday, March 15, 2012 - 11:08 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

>>backside unna magnetic strip chaala baagundi.

yeah,hi fi ga undi..adedeo cover lo ettu annadu..wireless interference lekunda

>>Did you notice all the state flags on top and all the presidents at the bottom?

ledu..ekkada? aa strip meeda?..observe cheyyaledu
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Rasputin
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Username: Rasputin

Post Number: 13976
Registered: 02-2008
Posted From: 74.131.95.196

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Posted on Thursday, March 15, 2012 - 11:05 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Maverick:


backside unna magnetic strip chaala baagundi.

Did you notice all the state flags on top and all the presidents at the bottom?
01/06/2012 - 169.4
02/01/2012 - 168.6
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Kdnumber1
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Username: Kdnumber1

Post Number: 13144
Registered: 02-2009
Posted From: 50.73.197.253

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Posted on Thursday, March 15, 2012 - 11:02 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Maverick:

kd, yes vacchindi..



Etta vunnadi....!!!???


cooollllll......FL lo echa ga njoy
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Maverick
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Username: Maverick

Post Number: 35928
Registered: 01-2008
Posted From: 70.39.231.92

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Posted on Thursday, March 15, 2012 - 11:01 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

kd, yes vacchindi..
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Siloan
Megastar
Username: Siloan

Post Number: 22287
Registered: 03-2008
Posted From: 132.174.20.41

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Posted on Thursday, March 15, 2012 - 11:00 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

card andindha
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Kdnumber1
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Username: Kdnumber1

Post Number: 13143
Registered: 02-2009
Posted From: 50.73.197.253

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Posted on Thursday, March 15, 2012 - 11:00 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Maverick:



card andinada ??
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Maverick
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Username: Maverick

Post Number: 35927
Registered: 01-2008
Posted From: 70.39.231.92

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Posted on Thursday, March 15, 2012 - 10:58 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Did you consider registering a company for consulting purposes? What is the process? does it change for every state? any firms/attorneys to help this?

King, i think u did this..can u share?
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