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Ask HN: Best Info for Running own C Corporation

5 pointsby buggy_codeabout 16 years ago
What is the best resource for running a 1 person C corporation? (I'd like to know the rules / regulations / prevent myself from doing things that cause silly mistakes or are blatantly illegal). [I suspect that even if I own 100% of the company, there are still certain regulations.]

5 comments

davidwabout 16 years ago
nolo.com has some books on that sort of subject. Since they have a lot of them, the best thing to do is go to your library, look through a bunch, and see which one is best for you, and then consider buying it.
DenisMabout 16 years ago
I suggest this book as a background on different corp types and in general the corporate goverance: <a href="http://www.amazon.com/Corporations-Examples-Explanations/dp/0735556660" rel="nofollow">http://www.amazon.com/Corporations-Examples-Explanations/dp/...</a><p>you don't have to read the whole book - a few first chapters will suffice.
andrewljohnsonabout 16 years ago
All you need to know is get a lawyer.
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gtaniabout 16 years ago
disclaimer: dated materials, tax code changes every year, I don't know anything about you or your business, IANAL, yadda yadda<p><a href="http://www.mbbp.com/resources/business/entity.html" rel="nofollow">http://www.mbbp.com/resources/business/entity.html</a><p><a href="http://www.themoneyalert.com/Corp-Entity-Table.html" rel="nofollow">http://www.themoneyalert.com/Corp-Entity-Table.html</a><p><a href="http://www.themoneyalert.com/incorporating.html" rel="nofollow">http://www.themoneyalert.com/incorporating.html</a><p><a href="http://www.themoneyalert.com/businesstypesofownership.html" rel="nofollow">http://www.themoneyalert.com/businesstypesofownership.html</a>
drhowarddrfineabout 16 years ago
A C corporation, involving one person, probably doesn't make sense. You probably want a S corp or LLC. In any case, a lawyer is good but I've always gotten my advice from my accountant. The lawyer knows the rules. The accountant knows how the rules affect your money.
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