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Incorporate Your Business
Posted on 2010-04-14
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Author: Anthony Mancuso
Publisher: Nolo Press (2001) Binding: Paperback, 300 pages pricer: $49.95 ISBN-10: 0873377567 editorialreviews lays out everything you need to know about corporate laws and regulations in your state, clearly explaining: ? why and when to incorporate ? what you need to know about corporate taxation ? whether to elect S corporation tax status ? how to incorporate an existing business Plus, you can save thousands of dollars in attorneys' fees by incorporating a business yourself -- guides you through each step. In the end, your business will enjoy a number of advantages, including: Limited Liability Incorporating your business limits personal liability for business debts -- this means owners are not normally financially liable for business debts and court judgments. Tax Advantages You can split business income between yourself and your corporation, thereby lowering income taxes. Access to Capital Corporations have better access to private venture capital than any other type of business. They are also well positioned to raise capital by selling shares to the public. Employee Perks The owners of a corporation who work for the business are treated as employees. They can take advantage of tax-deductible, corporate-paid benefits such as: ? pension plans ? stock-option and stock bonus plans ? medical insurance coverage ? and more provides the forms you need as tear-outs and on CD-ROM, including articles of incorporation, bylaws, minutes, stock certificates and resolutions. failed
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