i'm in the process of starting up a home based sign business in NJ. i will be the owner w/ no other employees. this will be secondary to my main job working at a pharmaceutical plant. was hoping to get some feedback as to which way i should go, LLC or S Corp. i know there is a benefit of s corp over llc relating to taxes. other than that though, i'm leaning towards LLC. also how does it work if u have an LLC and don't claim emplyee salary. i read that when u file taxes, you're taxed like 15% on what u claim u pay yourself. if i'm getting paid from other job and am just banking everything from the new business, what happens?

Why not keep it simple and go with the sole proprietor option?

But if you want to read about the two, go to the NJ website at http://www.state.nj.us/njbgs/ or the IRS website at www.irs.gov.

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