Just passed the $1000 mark...

[Tev]

Originally posted by pood
hmm, what would the PRO of incorporating?

wouldn't you be doubled taxed?

ie. getting taxed for your corp then getting taxed again personally.

Linkster is right, there are many good reasons to incorporate. While you are working on your social you are paying taxes on every dime.

I have an "S" corp and while I do pay personal income tax as well as corporate tax, the two combined do not come near what they would be as a sole propieter.

Find a good tax person that can explain it to you. It is worth the time and effort.