What type of entity would be the best for my business?

I'm starting a wholesaling company to sell a product that I invented and will be adding skus as the business grows. Right now I have an LLC but as the business grows would it make more sense to turn it into a C corporation from a tax perspective? Once the company starts to make $80251 and I file my tax return jointly I'll be in the 22% tax bracket where the corporate tax rate is 21%. As my company starts to generate more revenue my tax rate will increase where the corporate tax rate will remain at 21%. For the first year or two I'm going to operate as an LLC but as I grow what are the benefits for switching over to a C-Corp, or maybe changing my LLC to be taxed as a C-Corp? I'm trying to figure out the correct way to think about this.

My LLC is registered in NJ and our state income tax rate is 5.53% for our income level.

I'm thinking in the long run a C corporate tax structure would make the most sense as I can pay salaries out at the regular tax rate but the business income will be tax at a lower rate.

At some point in the future I'm going to have an accountant look at this but I'm just trying to get educated on the subject prior to that conversation.

Thanks in advance for your input and insight!

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πŸ‘€︎ u/bender1227
πŸ“…︎ Dec 02 2020
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What is the best type of business entity to start for a new construction company that is fairly small?
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πŸ‘€︎ u/BigEppyW
πŸ“…︎ Oct 16 2020
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Types of Business Entities in Dinasia.
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πŸ‘€︎ u/SnappGamez
πŸ“…︎ Apr 30 2020
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What type of business entity to register for your Ebay business? (Sole Proprietorship or LLC)

Hi guys. I've been selling on ebay for a few months now as a side hobby and made some decent profit from flipping used clothing / gadgets from thrift stores and cheap sales. I would definitely consider myself a beginner but have been learning a lot in the past few months.

I want to take this side hobby more seriously and am considering registering as a legitimate business. I've read a bit about starting sole proprietorship and LLC's but would like to know your opinions on registering a legal business entity for your Ebay business. Is it too early to register for one? Do I have to make a certain amount of profit? Anything helps!

PS - I live in Massachusetts if that matters!

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πŸ‘€︎ u/The_Strongest
πŸ“…︎ Apr 01 2018
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[NY] What type of entity can a lawyer and a licensed financial advisor form to start a business together?

What type of entity can a lawyer and a licensed financial advisor form to start a business together? For example, to start a firm that jointly addresses clients' estate planning and financial planning needs.

Some advice I have gotten is that NY prohibits non-lawyers from owning any part of a law firm or entity providing legal services, so it can't be a single entity. It would need to be two entities that have some kind of referral relationship that isn't mandatory when using one or the other.

Can anyone tell me more about what specifically this arrangement would entail?

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πŸ‘€︎ u/porfavorsenores
πŸ“…︎ Apr 28 2017
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Independent/Solo/Contract Consultants: What type of business entity did you set up as?

DBA, LLC, S Corp, some other set that works for you?

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πŸ‘€︎ u/TheCrankyBear
πŸ“…︎ Jul 20 2018
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What type of business entity (LLC, C-corp, etc) do you use for your real estate purchases?

I am interested in real estate as a buy and hold inventor. Currently I'm in the "education" phase and trying to learn as much as I can before I dive in. One question that I can't seem to find a good answer for is what business structure do you use to purchase real estate? I.e. an LLC? a C-corporation? a S-corporation? Trust?

Also, are there tax advantages or disadvantages to any of these?

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πŸ‘€︎ u/chokidar
πŸ“…︎ Mar 08 2017
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Bug? Entities of type script keeps reverting to the first entity in the list for all my mobs apparently randomly, seems to do it about every hour of using the software. Means I have to manually go and change everything every time to make them target the correct things.
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πŸ“…︎ Sep 12 2021
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TIL about the different types of business entities defined in the Indian legal system!! en.wikipedia.org/wiki/Typ…
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πŸ‘€︎ u/vintez
πŸ“…︎ Jul 26 2011
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Potentially leaked documents from Majestic 12 which describe two types of Extraterrestrial Biological Entities on page 9. Link in comments to the page but there’s a lot more interesting stuff in the document. we.tl/t-ihUEvZ5NYN?src=dn…
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πŸ‘€︎ u/Majestic-12Group
πŸ“…︎ Jul 21 2021
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What type of entity am I seeing? Astral Wildlife?

I have been experiencing this for quite some time. When falling asleep I will have intense hypnogogic "hallucinations". The problem with that term is that I am dealing with an intelligent/ novel (for me at least) species of some sort...

When falling asleep I will see various beings that first appear as something entirely different but eventually turn into rainbow/ fluorescent outlined typical grey aliens. They never come in groups or pairs. It is always one being at a time. Upon being fearful they become stronger, and when you overcome the fear and repeat phrases of strength internally the beings shake crazily until they slowly vanish off into the ether. It looks cartoonish... or straight out of a scifi film when they fade out due to not being feared... it looks like they are dying but I doubt this is the case. Ever since I overcame the fear they now usually come to me without any falsehood/ shape shifting. They do not communicate.

I recall reading about various levels of the astral realm/ common occurrences in terms of entities you may come across and the man used the term "astral wildlife" to describe non intelligent creatures that are most prominent in the lower astral realm. The primary comparison is that he said they feed off fear and are non-intelligent/ non-verbal/ telepathic.

Has anyone else experienced something similar with grey looking aliens shape shifting beings/ feeding or attempting to feed off fear? If not greys, would you say that "Astral wildlife" is a sensible term based on the definition above? I have been afraid to talk about this stuff for a very long time. I get stating that hypnogogic experiences being connected to the astral realm is likely a contentious issue. For the purpose of this question, please assume that I am minimally viewing into the astral realm.

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πŸ‘€︎ u/TSSLRocksandPins
πŸ“…︎ Jul 26 2021
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Getting list of all Block Entities (of type) within a given World

Hi all! I'm in the process of updating my mod to 1.17.x and I'm having some trouble with a change to MC's code since 1.16.x.

Given a World, I need a list of all Block Entities of a particular type, whether loaded by current chunks or not.

In the last version, I was able to do something like this to fetch all Block Entities of a particular type in a given World, whether the Block Entities were loaded or not.

However, in 1.17.x, World no longer has any blockEntities data member, so this approach no longer works.

One way I've tried to approach this is to keep a list of the Block Entities whenever they're ticked on the Server. This works, but only for the Block Entities which have been in loaded chunks during the current session.

Should I use something like Cardinal Components to make this list persistent across sessions? Or is there another approach which doesn't require me integrating another new dependency & storing arbitrary data?

Thanks in advance!

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πŸ‘€︎ u/Pepperoni-Jabroni
πŸ“…︎ Aug 07 2021
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does the entity give the survivors some type of powers?

ik the entity makes the killers really strong and gives them all these powers. i was thinking does the entity make the survivors sustain more stuff? because it’s confusing how they can spend the whole game injured from being stabbed by pyramid heads huge knife and not bleed to death on the spot

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πŸ‘€︎ u/LilSanrioAngel
πŸ“…︎ Jun 10 2021
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[WP]There are 2 types of immortals; those who kept their bodies by binding them to the world, who became gods of whatever they are bound to, and those who kept their memories, who became memetic entities, existing in the human subconscious. These two factions have just declared war on one another
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πŸ‘€︎ u/MagicTech547
πŸ“…︎ Jun 20 2021
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If I am running multiple businesses, what type of legal entity should I be and how should I be organized?

I enjoy starting businesses and trying new ideas. I am a software developer by trade, but am also running the following small-businesses:

  • web application design
  • custom software development
  • hardware system design, purchasing and setup
  • most recently, manufacturing of tech-related plastic goods.

While I have not run into tax or other significant problems yet, I plan on focusing a good deal of 2016 on business and idea development, so I'd like to have this sorted out.

The question is not so much "should I be a SP or LLC", but more of a question about should I have all my ventures under one umbrella, or should I break them out? Or perhaps have some related ventures under the same entity and others not. When I filed for a sales tax permit (Texas) it wanted me to categorize my business, I basically just picked one that mildly resembles everything I do.

Most of my work is tech related, though not always i.e. manufacturing and yet another idea I have coming. That's where I start to get confused on how I should structure. I think it would be nice to have everything under one umbrella, unless I am unlighted otherwise, something like Alphabet/Google comes to mind, but obviously not on that scale.

 

Edit 1: From some questions in the comments. I don't have investors or partners. None of my operations have employees, however, I do use 1099 contractors from time to time. Office space is in a co-op shared worked environment, no lease. Storage for manufactured goods is my garage, which is sufficient for now. Its basically me, with contracted help as I need it. I am fortunate to have a regular job where I can leave the office by 2:30 in the afternoon and work on my businesses from then on.

edit:grammar

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πŸ‘€︎ u/ForTheMission
πŸ“…︎ Jan 31 2016
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Work begins on business case of potential new public media entity rnz.co.nz/news/political/…
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πŸ‘€︎ u/rapturefamily
πŸ“…︎ Mar 30 2021
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What would happen if members of these ape community (50k πŸ’ͺ🏽) put their shiny together and create some type of bank? Investment entity ? ......... help....πŸ€·πŸ½β€β™‚οΈ
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πŸ‘€︎ u/Brangosilver
πŸ“…︎ Apr 06 2021
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How to understand what type of entity is interacting with you?

HI all. I had a strong emotional release in the past year, during the which I started to experience extrasensory perceptions. I see moving forms in space, and sometimes feel caresses and tinglings on the skin. I would like to understand what is going on, what are those forms? who is there?

From what I know it could be a thought-form/elemental, an eggregore, or even a spirit of a dead person. Sometimes it seems sage like a spirit guide, other times he's a jerk, other times annoying and scary, perhaps it's a different entity every time.

How to know what is that? Do I have to communicate/interact or better ignore?

How to behave and to protect myself from unwanted energies? Any recommended books or videos? How to learn and grow this abilities to help myself and others? Sorry for the many questions but I'm curious and I want to understand... Thank you!

Edit:words

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πŸ‘€︎ u/core_de_roma
πŸ“…︎ May 07 2021
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How can I list entities of a specific type (eg.g device_tracker) in Lovelace?

I would like to display all entities of type device_tracker and their current states in Lovelace. What is a good way to do this?

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πŸ‘€︎ u/sirmatrick
πŸ“…︎ May 25 2021
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Hindenburg research is a short seller entity on Twitter. They bring down companies on giving them falsifying information to short stocks, we should follow them and find out which stocks they’re short selling. Hindenburg research has destroyed lives, let’s get them out of the short selling business. miviehealth.com
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πŸ‘€︎ u/Runnersluck
πŸ“…︎ Jun 15 2021
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Australian Vulnerability Incident June 2021: NSW Health is the latest Australian government entity to confirm being impacted by a vulnerability in the Accellion file transfer system. Different types of information, including identity information and in some cases, health-related personal information kirbyidau.com/2021/06/06/…
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πŸ‘€︎ u/kirbyIDau
πŸ“…︎ Jun 13 2021
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Opinion on what exact type of Extraterrestrial Biological Entities are visiting Earth

I've heard many claims of alien types (so called species) visiting Earth. And in my short time researching what is genuine and what is a hoax. I've reached the conclusion that there is only 1 legit type of EBE (Short Grey Aliens).

In your opinion is this assertion correct? And if not then why.

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πŸ‘€︎ u/AkobensFinest
πŸ“…︎ Nov 24 2020
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Rendering item from block entity showing on all blocks of the same type

So I'm rendering the items contained inside a block entity, but when I place down multiple blocks of the same type they all render the items from the original block. I've done some research on my own and found that I have to take advantage of the BlockEntityClientSerializable but I'm not really sure how to use it. Any advice would be awesome!!

https://preview.redd.it/d7807kjmdfw61.png?width=2553&format=png&auto=webp&s=b479f5717b25a21b2c57036eec33f30a9f69c515

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πŸ‘€︎ u/FoeHammer-
πŸ“…︎ May 01 2021
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Can private doctors/clinics sell off/transfer medical records of patients to entity that takes over their business?
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πŸ‘€︎ u/ongcs
πŸ“…︎ Mar 15 2021
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[Visual Studio Code, C#] Trying to write a console app to read from my database, but I'm getting 'The property... could not be mapped, because it is of type... which is not a supported primitive type or a valid entity type'

I'm doing an internet scripting module which is based on C# and Visual Studio Code. Although it is taught in a very step-by-step approach, I'd been really struggling at the start of the module, I guess due to unfamiliarity with VSC, and also a tendency to get badly muddled and flustered at times. Anyway, I've improved quite a bit now, and the lecturer said he thought it would be beneficial for me to write my own VSC project based on my own database. That is definitely quite appealing to me, as I already have a database for my own use that I would like to work with, which would help my motivation and interest.

So I spent all day yesterday following the video tutorials through once again, but this time using my own database. I have done a lot, and the project builds fine, but there is obviously something wrong as when I try to run it, I get

> Unhandled exception. System.InvalidOperationException: The property 'Items.Item' could not be mapped, because it is of type 'DbSet<Items>' which is not a supported primitive type or a valid entity type. Either explicitly map this property, or ignore it using the '[NotMapped]' attribute or by using 'EntityTypeBuilder.Ignore' in 'OnModelCreating'.

I won't paste the entire error message, as it is massive, but it also makes reference to 'Program.cs:line 19'

Here is my code:

DHR.csproj

&lt;Project Sdk="Microsoft.NET.Sdk"&gt;

  &lt;PropertyGroup&gt;
    &lt;OutputType&gt;Exe&lt;/OutputType&gt;
    &lt;TargetFramework&gt;netcoreapp3.0&lt;/TargetFramework&gt;
  &lt;/PropertyGroup&gt;

  &lt;ItemGroup&gt;
  &lt;PackageReference Include="Microsoft.EntityFrameworkCore.Sqlite" Version="3.0.0" /&gt;
    &lt;/ItemGroup&gt;


&lt;/Project&gt;

DHR.cs

using Microsoft.EntityFrameworkCore;

namespace DHR
{
    public class DHR: DbContext
    {
        public DbSet&lt;Items&gt; Items { get; set; }

        protected override void OnConfiguring(DbContextOptionsBuilder optionsBuilder){
            string path = System.IO.Path.Combine(System.Environment.CurrentDirectory, "DHR.db");
            optionsBuilder.UseSqlite($"Filename={path}");
        }
    }
}

Program.cs

using System;
using DHR;
using System.Collections.Generic;
using System.Linq;

namespace DHR
{
    class Program
    {
... keep reading on reddit ➑

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πŸ‘€︎ u/double-happiness
πŸ“…︎ Mar 20 2021
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