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DBA vs. LLC

by Jamaal
3 replies
Hi fellow WF family... I am deciding between starting with a DBA or going straight to a LLC just incase if someone decides to take my name. Anyway I was wondering if anyone knows if there is a difference come tax time between a DBA and an LLC?
Like will I have to pay more taxes if I'm a LLC as opposed to a DBA?

Thanks guys!
#dba #llc #taxes
  • Profile picture of the author Devin X
    Banned
    This is not the place to seek legal advice. Consult a lawyer. They will even answer that question for free. (you can find one)
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by Jamaal View Post

    Hi fellow WF family... I am deciding between starting with a DBA or going straight to a LLC just incase if someone decides to take my name. Anyway I was wondering if anyone knows if there is a difference come tax time between a DBA and an LLC?
    Like will I have to pay more taxes if I'm a LLC as opposed to a DBA?
    The answer varies according to where you live. Naturally, legal and accounting issues vary hugely from country to country. In America, they can vary a lot from state to state, too.

    Neither your post nor your profile gives a location, so how can anyone possibly advise you?

    But in any case, as mentioned above, this forum really isn't the place to ask for or to take legal or accounting advice: http://www.warriorforum.com/main-int...al-advice.html
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  • Profile picture of the author Jamaal
    My apologies. I was not aware of the rules.
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