First tax year with Stripe Atlas

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2 pointsjmstfv2 comments

Thanks for providing this insight. I am looking at a C Corp from Stripe instead of the LLC because I think the business will grow in the next two years. I started looking at other online incorporation services and stumbled across a few that seemed like they were unable to scale to meet demands, I know because of the reviews on BBB and saw some complaints (they were state based). I think this is definitely an area I want to spend money on so I'm not wasting time on legal and tax issues. Are you getting E&O insurance through Stripe (or a referral) or did you add that elsewhere?

> I am looking at a C Corp from Stripe instead of the LLC because I think the business will grow in the next two years.

https://stripe.com/atlas/guides/llc-vs-c-corp

I'd say go with a C Corp if you know you're on the investment track. You can convert from an LLC to a C Corp later. The reverse is harder.

Usual disclaimers apply.

> Are you getting E&O insurance through Stripe (or a referral) or did you add that elsewhere?

Haven't gotten one, so can't speak to that.

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