Good Afternoon everyone

I understand that we need to either form a corporation or a
partnership and recieve an employer identification number
from the IRS. I was wondering if you had any advice as to
whether we should take the form of an LLC or an S-Corp in
order to start an investment club.

Also, what exactly is the procedure for forming a
partnership in New York State (what paperwork is required)?
Thank you for your help

Sincerely,

John R. Robak
jrr253@hotmail.com

John R. Robak wrote:

> I understand that we need to either form a corporation or a
> partnership and recieve an employer identification number
> from the IRS. I was wondering if you had any advice as to
> whether we should take the form of an LLC or an S-Corp in
> order to start an investment club.

Someone sent a similar question to Ask Candis last year.
Here's the response she sent back. It goes through all the
options for an investment club:

https://www.bivio.com/ask_candis/mail-msg?t=3695900003

cheers,
Will