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Posted: 3/16/2006 11:01:46 AM EDT
Who's registered as an S-Corp for NFA toys? Does the NFA expedite your forms compared to personal? Where is the information found on submitting for an S-Corp?

Thanks,
Link Posted: 3/16/2006 11:14:05 AM EDT
You realize if you did that, we'd all have to become employees...
Link Posted: 3/16/2006 11:52:34 AM EDT
In the past, transfers for corps have taken less time to go through the BATFE......... Even Alma.
Link Posted: 3/16/2006 12:03:59 PM EDT
[Last Edit: 3/16/2006 12:06:23 PM EDT by munkalido]




Link Posted: 3/16/2006 1:18:58 PM EDT
Paging Eyegun!
Link Posted: 3/16/2006 1:36:58 PM EDT
Why go through the HEADACHES of an S-corp, just do an LLC.

The PROBLEM with doing it that way is the CORP owns the guns, not you, so if you dissolve the company, you would have to PAY the $200 tax again for each item.

The advantage is you don't need LE sigh-off.

Actually doing that for a customer, if they ever get around to stopping by to do the paperwork.

Pat
Oregon Research Labs, LLC
Link Posted: 3/16/2006 1:46:34 PM EDT

Originally Posted By PCArms:
Why go through the HEADACHES of an S-corp, just do an LLC.

The PROBLEM with doing it that way is the CORP owns the guns, not you, so if you dissolve the company, you would have to PAY the $200 tax again for each item.

The advantage is you don't need LE sigh-off.

Actually doing that for a customer, if they ever get around to stopping by to do the paperwork.

Pat
Oregon Research Labs, LLC



I'm listening... LLC advantages and disadvantages? YOU can do the paperwork?
Link Posted: 3/16/2006 2:55:53 PM EDT

Originally Posted By munkalido:

Originally Posted By PCArms:
Why go through the HEADACHES of an S-corp, just do an LLC.

The PROBLEM with doing it that way is the CORP owns the guns, not you, so if you dissolve the company, you would have to PAY the $200 tax again for each item.

The advantage is you don't need LE sigh-off.

Actually doing that for a customer, if they ever get around to stopping by to do the paperwork.

Pat
Oregon Research Labs, LLC



I'm listening... LLC advantages and disadvantages? YOU can do the paperwork?





1. Can you transfer the firearms to yourself once you disolve the LLC?

2. Do you have to pay the $200 tax to transfer it to yourself when/if you disolve?

3. With an LLC, do you have to file Taxes every quarter?

4. What are the costs involved?

Link Posted: 3/18/2006 12:12:13 AM EDT
What about a trust?
Link Posted: 3/20/2006 12:30:47 PM EDT
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