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It's actually pretty easy and the difference in cost between LLC and C-Corp isn't substantial (if you use Gust Launch it's all included in the $199-$239 monthly
by andrew_gust 10y ago
It's actually pretty easy and the difference in cost between LLC and C-Corp isn't substantial (if you use Gust Launch it's all included in the $199-$239 monthly) but either way, since the double-taxation mostly doesn’t apply to high-growth businesses that reinvest capital instead of paying it out, there isn’t actually much difference in tax burden, and what there is is significantly outweighed by cost of converting to a C-Corp later.
- saycheese 10y agoA past comment from your profile included "Andrew from Gust" within it on a submission about Gust. [1] Please update your HN profile to disclose any affiliations you have with Gust. [1] https://news.ycombinator.com/item?id=13196766 https://news.ycombinator.com/item?id=13196766
- icedchai 10y agoWhy bother? It's right in his username.
- saycheese 10y ago"Andrew Gust" is a real name, there's zero reason not to disclose the affiliation, and the fact he himself has disclosed it before points to him understanding it's potientally not obvious.
- andrew_gust 10y agoFigured it was obvious from the username, but I'll put it in my profile as well. Sorry if that was confusing!
- deleted 10y ago[deleted]
- tptacek 10y agoEven though I think they're always meant in good faith, comments like these are virtually never helpful on HN. If you have something interesting to say about someone's affiliation, say it; otherwise, it's probably best to leave it alone. It was very clear to me and I assume many other people that this user was associated with the article.
- saycheese 10y agoWith more than a handful of upvotes and my past experience dealing with similar situations, it's neither obvious, nor unreasonable. Beyond that, while it's clearly at your option, as far as I'm able to recall anytime you've had a submission related to you pop-up on HN you've disclosed your affiliation.