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Forming a pdf company--your experiences?
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<blockquote data-quote="Prest0" data-source="post: 3399741" data-attributes="member: 13621"><p>You also need to think about how you want to file your taxes. If you want to file income from the company on your personal taxes, that'll narrow your options. One of my 12 to Midnight partners is a CPA, so we started out as a partnership, then the next year moved to a S-Corp, then last year moved to a C-Corp--all based on what would be the best tax situation. Whatever structure you choose, you'll have to think about how you manage your finances and file your taxes. It really is a big headache, and I shudder to think what shape we'd be in without Jerry. Not only do you need to consult a lawyer, but an accountant wouldn't hurt either.</p><p></p><p>Let me echo the others that you're probably better off setting yourself up as a design studio and working through an established publisher. The PDF land rush is coming to an end, and it takes more and more effort to build a brand. Working with an established publisher lets you tap into their customer base.</p></blockquote><p></p>
[QUOTE="Prest0, post: 3399741, member: 13621"] You also need to think about how you want to file your taxes. If you want to file income from the company on your personal taxes, that'll narrow your options. One of my 12 to Midnight partners is a CPA, so we started out as a partnership, then the next year moved to a S-Corp, then last year moved to a C-Corp--all based on what would be the best tax situation. Whatever structure you choose, you'll have to think about how you manage your finances and file your taxes. It really is a big headache, and I shudder to think what shape we'd be in without Jerry. Not only do you need to consult a lawyer, but an accountant wouldn't hurt either. Let me echo the others that you're probably better off setting yourself up as a design studio and working through an established publisher. The PDF land rush is coming to an end, and it takes more and more effort to build a brand. Working with an established publisher lets you tap into their customer base. [/QUOTE]
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