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Author: Bob78164 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 72499  
Subject: Re: 401(k) funding by corporation Date: 9/30/1998 1:54 PM
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Helter writes (in part):

My company will have between 250 and 300k revenue per year(if things go as expected) and I'll be the only person working for it - I'd like to avoid as much taxation as possible. For reference - I'm only 26 - gotta love software!

I reply:

I don't know the answers to your questions, Helter, but this board is a good place to get them. I'm writing to urge you to get legal advice (if you haven't already) when setting up your corporation and to review your (consulting?) contracts. The revenues you're discussing are well worth the investment. Local bar associations are a good starting point if you don't know any lawyers you trust. If you want to take a chance ;-), e-mail me your area of the country, and I'll see whom I might find. --Bob
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