Jonathan Volk had a great post last week I wanted to share with 5 Star readers.
Best Corporate Structure for Affiliates - "So you’ve decided to become an affiliate or perhaps you’ve been an affiliate for a while and now things are taking off and want to know the who, what, where, when, and how of incorporation. Please note that most of the information here applies only to USA Affiliates."
He goes over the different options - pros & cons. Worth reading the comments too.