Incorporating a ban...
 

Incorporating a band  

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Out of Order
(@outoforder)
New Member Registered

Question: We are a working cover band that plays out about once a month... not big gigs but decent enough money to improve/replace gear as needed, go out to dinner as a band from time to time and have money left over at the end of the year to supplement Christmas shopping.

If we were to make the band a “business” and get a band bank account, what does the hive mind suggest: partnership, corporation. LLC?

The big deal is to have individual members take the tax hit when a venue makes us fill out a w2 and pays us.

Thoughts?

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Posted : 12/02/2019 10:30 pm
jamieb
(@jamieb3er)
New Member Registered

Would love to know more on this subject, as well!

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Posted : 13/02/2019 5:09 pm
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