Legal Question in Business Law in Ohio
I am debating on quitting my current job and going to work as a contractor. I will be making about 25k (minimum) more a year and would like to start a woman owned LLC. Would taxes, social security and insurance make the move less than wise? Or will forming the LLC help offset the cost of taxes
Asked on 8/03/10, 10:31 am
1 Answer from Attorneys
Neil Rubin
Neil S. Rubin, Attorney at Law, LLC
This answer would depend on a lot of factors: capital expenditures, expenses, payroll, workers comp deposits, unemployment contributions etc. More detail is needed before an estimate can be made.
Answered on 8/09/10, 9:41 am
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