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<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>Admittedly, my interest is in tax savings
more than personal liability issues.&nbsp; Self employed people get screwed&#8212;but
don&#8217;t get me started. </span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>&nbsp;</span></font></p>

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<p><font size=2 color=navy face="Times New Roman"><span style='font-size:10.0pt;
color:navy'>David Love<br>
davidlovepianos@comcast.net<br>
www.davidlovepianos.com</span></font><font color=navy><span style='color:navy'>
</span></font></p>

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<p class=MsoNormal style='margin-left:.5in'><font size=2 face=Tahoma><span
style='font-size:10.0pt;font-family:Tahoma'>-----Original Message-----<br>
<b><span style='font-weight:bold'>From:</span></b> pianotech-bounces@ptg.org
[mailto:pianotech-bounces@ptg.org] <b><span style='font-weight:bold'>On Behalf
Of </span></b></span></font><font size=2 face=Tahoma><span style='font-size:
 10.0pt;font-family:Tahoma'>Farrell</span></font><font size=2 face=Tahoma><span
style='font-size:10.0pt;font-family:Tahoma'><br>
<b><span style='font-weight:bold'>Sent:</span></b> Saturday, October 06, 2007
9:48 AM<br>
<b><span style='font-weight:bold'>To:</span></b> </span></font><font size=2
 face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma'>Pianotech List</span></font><font
size=2 face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma'><br>
<b><span style='font-weight:bold'>Subject:</span></b> Re: Self-employed techs</span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'>&nbsp;</span></font></p>

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<p class=MsoNormal style='margin-left:.5in'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'>Hi David,</span></font></p>

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<p class=MsoNormal style='margin-left:.5in'><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'>&nbsp;</span></font></p>

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<p class=MsoNormal style='margin-left:.5in'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'>I realize my comments here will lack
any specifics, but FWIW, my new accountant suggested that I form an S-corp
rather than an LLC. I had formerly been a sole proprietor.&nbsp;I believe there
was a tax savings and better liability protection to make this change - and the
S-corp was better than the LLC. Again, I realize this doesn't adequately answer
your question, but maybe at least suggests that you are on the right path to be
looking into this. Talk to your accountant - and if they don't know anything
more about it than me, I would strongly suggest that you find another!</span></font></p>

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<p class=MsoNormal style='margin-left:.5in'><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'>&nbsp;</span></font></p>

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<p class=MsoNormal style='margin-left:.5in'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'>I just don't understand the
specifics of all that. I feel like my plate is full enough trying to get a
handle on soundboard impedance and mass and stiffness, etc., etc.</span></font></p>

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<p class=MsoNormal style='margin-left:.5in'><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'>&nbsp;</span></font></p>

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<p class=MsoNormal style='margin-left:.5in'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'>Hope this helps.</span></font></p>

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<p class=MsoNormal style='margin-left:.5in'><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'>&nbsp;</span></font></p>

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<p class=MsoNormal style='margin-left:.5in'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'>Terry Farrell</span></font></p>

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<p class=MsoNormal style='margin-left:.5in'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'>Farrell Piano,<strong><b><u><font
face=Arial><span style='font-family:Arial'> Inc.</span></font></u></b></strong></span></font></p>

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margin-left:3.75pt;margin-top:5.0pt;margin-right:0in;margin-bottom:5.0pt'>

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<p class=MsoNormal style='margin-left:.5in'><font size=2 face=Arial><span
style='font-size:10.0pt;font-family:Arial'>----- Original Message ----- </span></font></p>

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<p class=MsoNormal style='margin-left:.5in;background:#E4E4E4'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>&nbsp;</span></font></p>

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<p class=MsoNormal style='margin-left:.5in'><font size=2 color=navy face=Arial><span
style='font-size:10.0pt;font-family:Arial;color:navy'>Has anyone explored the
differences between forming an LLC and an S Corporation and the benefits of
going that route as opposed to a simple sole proprietorship?&nbsp; </span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'>&nbsp;</span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=2 color=navy face=Arial><span
style='font-size:10.0pt;font-family:Arial;color:navy'>If anyone can direct me
to good literature or share their own experiences on the subject, I&#8217;d
appreciate it.</span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'>&nbsp;</span></font></p>

<p class=MsoNormal style='margin-left:.5in'><font size=2 color=navy
face="Times New Roman"><span style='font-size:10.0pt;color:navy'>David Love</span></font></p>

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