Posted by Jason Hindman on 4/10/07

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I need some advice from a tax attorney. In short, me and my
partner are in the process of obtaining a business method
patent of which we intend to license out to a larger
company. We are struggling to figure out if we should
form an LLC or other corporate entity and if there would be
any tax advantages to doing so. I've put in rouhgly $3000
out-of-pocket at this point in time and don't know whether
it would benefit me more to form an LLC with my partner or
just incur the costs myself.

Any advice in this regard would be greatly appreciated.
Thanks in advance!

Re: question about forming LLC, 6/28/07, by Tony Dennison.

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