Re: LLC vs C

GO  to this URL this  compnay  does those  phone incorporations LLCs  etc.
and   publishes comparitive information  online at the page. [ no
endorsements intendent]

http://www.incorporate.com/html/information.html


Regards,

Glenn
_______________________________________________
Glenn Ericson,           Phoenix Consulting     LLC
P. O. Box 701164         East Elmhurst NY 11370-3164 USA  
Phone 718 898 9805       Fax 718 446 1150
AS/400 & Year 2000- - Solutions Specialists
 ©  copyright 1996 - 1999  all rights reserved
_______________________________________________

At 06:13 PM 2/28/99 -0500, you wrote:
>They both provide unlimited liability, but the problem with an LLC is that
it is
>not recognized by every state in the same way that a C corp is. The LLC has
>different rules, and as I remember was only recognized by 37 states about
3 years
>ago.  I think a C Corp is recognized by each state due to the Uniform code
act
>some 50 years ago.  In addition, I beleive that benefits are expensed
differently
>for the owners of an LLC vs a C Corp.  An LLC is essentially a partnership
with
>unlimited liability, and you must have atleast 2 people (Or companies) to
be able
>to start one.  Who knows how much of this has changed. A word to the wise, be
>careful, as I am an AS/400 techy, not a Lawyer.
>
>Pete Massiello
>
>
>Bob Spinks wrote:
>
>> Is an LLC the same as a C Corp?
>>
>> Bob
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>--
>Pete Massiello
>OS Solutions International
>Phone: (203)-744-7854  Ext 11.
>http://www.os-solutions.com
>mailto:pmassiello@os-solutions.com
>
>
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