Well, there are several reasons. Incorporating your business has many advantages that will make it easier for you to operate and maintain your company, without being personally liable for any losses.
You Spoke, We listened and We've re-launched!
At CorpNet.com®, we've just re-launched our
website (www.CorpNet.com) with a brand new look and feel,
updated features, and additional products and services for
business owners and entrepreneurs.
IRS DEADLINE: March 15
Where a corporation was formed in 2009 or earlier, and
the shareholders want to elect S-Corporation status for
Federal Tax purposes, IRS Form 2553 must be submitted
no later than March 15, 2010.
(The Shoestring Budget)
How do you let the whole world know all about the amazing business
you've just started? The answer is: You don't. The WHOLE WORLD
doesn't need to know about your business -- just your target market.
The “Builders Choice” in Business Structures
Most builders and investors today understand the importance
of protecting personal assets from creditors, especially in this uncertain economic climate.
One very effective method for protecting personal assets is to incorporate or form an LLC.
Both the corporation and the LLC structures offer asset protection features; for a moment,
however, we'll focus on the LLC. Here's a basic primer...