"scrapbusiness" <scrapbusiness[at]gmail.com> wrote:

- quote -

Both.

--
David M. Woods, EA, ChFC, CLU
Woods Financial Services
Norwood, MA 02062
www.woods-financial.com

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >

"scrapbusiness" <scrapbusiness[at]gmail.com> wrote:

- quote -

Both. There are legal issues beyond tax law that the
attorney can help with and the attorney will probably
not have as much expertise in tax taw as a CPA or EA.

--
Vic Roberts
Replace xxx with vdr in e-mail address.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >

"scrapbusiness" <scrapbusiness[at]gmail.com> wrote:

- quote -

I'd talk first to the CPA or EA who will prepare your taxes.
An LLC may not be the best form of business for you - a C
or an S corporation may be better in your specific situation,
for example. That person is in the best position to answer
most of the financial questions.

The attorney can set up the appropriate type of business form
after you determine what that is. He can also answer
questions concerning things like liability protection and the
bureaucrachy to maintain each type of business entity.

At some point it might be helpful to have a meeting with both
the tax professional and the attorney at the same time.

Stu

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >

Hi

I am planning to open an import and export business. I
am thinking of opening an LLC. But before I open the
company I would like to consult with an Attorney or CPA.

I have question in this regard. Usually who should I
consult? Should I consult with an Attorney or certified
tax consultant?

Thanks

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >