I do all the business end for my band. Book the gigs, collect the pay, draft the contracts, keep the books, pay the expenses and pay the band. Right now I have a checking account that lists me and the band name. $ gets deposited and I write checks to pay out the bills. I am concerned. I told the band members they should keep track of how much their getting paid for taxes. They blow me off. I'm more worried I will be tagged for the band's total gross income. I'm thinking about creating a limited liability corporation to avoid my personal assets from being attacked of something goes wrong. Any help or thoughts would be appreciated.