Incorporating a band
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.