Comic strip: "Incorporating the band"

Comic strip: RONI: My cousin says if we incorporate the band, we’ll save money on taxes we pay on band revenue. DAN: Whoa, cool! RONI: Now, we could be something called a Limited Liability Corporation, or we could be something called an S-corporation. DAN: Ooo… RONI: An LLC would provide us with more legal protection while an […]

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The title of this comic strip is "Incorporating the band".

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Here is a transcript, so you can quote it to friends:

    • RONI: My cousin says if we incorporate the band, we'll save money on taxes we pay on band revenue.
    • DAN: Whoa, cool!
    • RONI: Now, we could be something called a Limited Liability Corporation, or we could be something called an S-corporation.
    • DAN: Ooo...
    • RONI: An LLC would provide us with more legal protection while an S-Corporation-
    • DAN: -sounds, like, 20 times more badass! Let's do that one!
    • RONI: Well, Dan, let's not just-
    • DAN: Baaand, In-corr-poraaaa-aaated! B! A! N! D!
    • CHRISTINA: We have revenue?
    • JOHN: (shrugs)
If any of you self-employed musicians aren't yet listening to the awesome CD Baby podcast, you should be. There's a great one a couple weeks ago about musicians and their taxes.
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