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03 - Buying a Business Making a Business Investment or Acquisition
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Old 11-14-2005, 07:43 PM
jweiss jweiss is offline
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Join Date: Nov 2005
Location: Panama City Beach, FL
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Default Should I have formed S-Corp??

I have an accounting business and am not sure I should have formed as an s-corp. I do books on the side for now and am worried about paying the minimun yearly tax for s-corp and payroll taxes.

#1 Should I have waited to form as a corporation?

#2 It is easy to dissolve and s-corp that has issued no shares of stock and had no earnings? I already have a taxpayer identification number...

Thanks for the help
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