How is YOUR business set up, legally?

[Mike Labbe]

Which type of entity is your business? April 2008 Grumble Survey
Results are anonymous​

A discussion and survey of how shops have chosen to set up. Tax benefits, legal and liability protection issues, etc. INC, LLC, PARTNERSHIP, SCORP, CCORP, SOLE, etc

Click here to participate: http://www.thegrumble.com/showthread.php?t=30773​

 

[Mike Labbe]

How is your shop set up, as a business/tax entity? (161 participants)

38% Sole Proprietor/Personal Responsibility (1040 C)
29% S-Corp/INC
25% LLC/Limited Liability Company or LLC Partnership
05% C-Corp/INC (1120)
02% Traditional Partnership (1065)
01% OTHER (please explain in post)
01% NONE/DOES NOT APPLY/DONT KNOW
00% Trust (1041)
00% Non-Profit Organization

Are you as surprised at these results as me? Let's discuss it!

Although the poll is closed, discussion is still happening here: http://www.thegrumble.com/showthread.php?t=30773