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Originally Posted by aangelica Hi Eileen,
Don't wait too long on forming the S corp if you plan on keeping the name (and adding "Inc.", "Corp." etc.). States are beginning to modify their statutes to force more distinguishability between LLCs and corporations. Virginia, for example, has a new law which goes into effect in October that basically says if there's an ABC, LLC you cannot have an ABC, Inc. |
Thanks for the kick in the pants, angelica. I really need to get off the dime about this. I feel like I need to understand the S Corp business structure a little better before I make the leap, but I'll put this on the front burner. Thanks again.