Category Archives: incorporation

Small Business Tax Questions: What Are The Tax Advantages of a Corporation?

Do you currently run your small business as a sole proprietorship and wonder whether it makes sense to incorporate? There are many potential tax advantages to forming a corporation. Here are a few to whet your tax-savings appetite. 1. Deduct … Continue reading

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Small Business Tax Questions – How Are LLC’s Taxed?

Do you own a limited liability company (LLC) and need to know how your income from the business will be taxed? Or maybe you’ve heard about LLC’s and are wondering if you should form one for our business? Read on … Continue reading

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Small Business Tax Questions – Should You Incorporate Your Sole Proprietorship?

If you are running your business as a sole proprietorship, perhaps you are thinking about incorporating. This is a major decision and you should give it serious consideration. There are advantages and disadvantages to forming a corporation. Here’s an overview. … Continue reading

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Why Do Some Small Businesses Pay Less Tax?

Can I make a rather bold statement? Here it is: Given the same amount of profit, not all businesses pay the same amount of taxes. Think about that. It’s probably something that you’ve always wondered about, maybe were even a … Continue reading

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What Is The Best Time of Year to Incorporate?

If you’re a sole proprietor, have you considered incorporating your small business or self-employment activity? If so, maybe you’ve been wondering, “Does it matter what time of year I form a corporation?” From a legal standpoint, any time is the … Continue reading

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The Key To Paying Less Tax

Once upon a time, on a very foggy night, the captain of a large ship saw what appeared to be another ship’s lights approaching in the distance. The two were on a course that would mean a certain head-on collision. … Continue reading

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How to Reduce Your Taxes by Being an S Corporation

Looking for an effective tax reduction strategy for your small business? This article explains how to reduce your taxes by choosing to be taxed as an S corporation. First, a question: What do all the following small business owners have … Continue reading

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Is It Too Late This Year To Incorporate Your Sole Proprietorship?

As the year comes to an end, perhaps you’ve been wondering whether you should form a corporation for your sole proprietorship. Another popular option is to form a limited liability company (LLC) and choose to have the LLC taxed as … Continue reading

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