Posted by JHyre in Ohio on July 16, 2002 at 08:00:27:
I’m biased, given that I make money off of clients. With that said…I’d have an attorney to advise re deals (e.g.- contracts, etc.) and also think that you need tax planning right off the bat (surprise!). I’ve seen too many people overpay taxes or set up useless entities that would do them no good (not for tax savings, not for liability protection) because the things were neither properly set-up nor properly maintained. Basically, if you cannot afford the tools of the trade, you cannot afford the trade…but I’m jaded from having seen the foul-ups. Where entities are concerned, AT LEAST educate yourself- there’s a wealth of materials out there, not least among them Bronchick’s courses.
John Hyre