So which is the best type of legal business to have for VAs. I am a little new to this and since it is more complicated here in the US with taxes and all, I need some help in knowing if I should be LLC.....
I chose LLC because it DOES limit your liability. However, there are pros and cons for LLC, sole proprietor, etc. Try searching the forum for LLC and you will find LOTS of discussions on this subject (including a chat session I moderated called LLC Basics).
Be sure you look into your state tax issues with regards to the business type you start. I know CA has weird tax issues with some business forms.
According to the attorney's I've talked with LLC etc. can LIMIT your liability but they don't get rid of it completely so the costs can be more than the legal protection you may get.
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Lanel Taylor, CVA ~ Virtual Bookkeeper Taylored Office Solutions Custom fit solutions for all your office needs.