Quote Originally Posted by clemmb View Post
I am curious what the cost is for an LLC?
I have a state of Texas tax number. I write off business equipment and expenses each year. I also have to collect state sales tax and pay the state each year. Also have to claim my equipement and pay property tax on it. Being a small part time business the property tax is not much of a burden just the paperwork.
For an LLC there are entity formation costs and annual costs (not considering tax matters). Entity formation on your own without a legal form site probably runs around $100 depending on the state. Annual reporting fees are usually around $25 or so. That's it for LLC costs. Do a google search for you state's department of corporations. The names vary greatly but it's usually a division of the secretary of state's office. Here's Texas': http://www.sos.state.tx.us/corp/index.shtml