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Incorporating Brass Quintet

Posted: Sat Jun 11, 2011 11:44 pm
by Mark
For those of you who are members of brass quintets or other small groups that have incorporated, what form of corporation did you choose and why?

Re: Incorporating Brass Quintet

Posted: Sun Jun 12, 2011 11:39 pm
by jcameron
We did it as an LLC. You probably don't want to be a corporation because it adds a lot of red tape, and you can be limited by non-profit status unless you are planning to focus on educational projects.

Re: Incorporating Brass Quintet

Posted: Mon Jun 13, 2011 12:05 pm
by Scott Sutherland
Jacob's right on. We went with an LLC for mostly legal reasons, though my accountant has stated several times that an s-corp would save us on taxes.