Forum: Traders Hideout
July 29th, 2011, 12:10 PM
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Replies: 7
Views: 5,534
That is why I'm talking LLC with C-corp style...
That is why I'm talking LLC with C-corp style taxation (https://nexusfi.com/traders-hideout/12536-llc-c-corp-style-taxaxtion.html#post140472) ; S-corp can not retain money so at the end of year I'll...
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Forum: Traders Hideout
July 29th, 2011, 09:02 AM
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Replies: 7
Views: 5,534
Thanks RM. But one can work for $1 salary and...
Thanks RM. But one can work for $1 salary and enjoy humongous benefits (no dividends at all). I guess this is what most of wise folks (including Warren Buffet) do (heard in rich day poor dad...
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Forum: Traders Hideout
July 29th, 2011, 08:26 AM
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Replies: 7
Views: 5,534
LLC with C-corp style taxaxtion
Friends,
I'm considering an LLC with C-corp style of tax election. The business will be primarily futures trading and some IT related activities.
I'm here to do some homework before I talk to...
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