A corporation is a good start towards seperating your personal goods from the company goods. It provides a legal buffer between your personal responsiblities and your corporate responsiblities. It provides tax benefits (ability to control your personal income to pay the least tax) and provides numerous benefits in the ability to claim expenses BEFORE taxes rather than after.
However, Davejr, you have proven to be a wise and intelligent person, so I am going to close my company and pay huge taxes on my income for the rest of my days because you say it is a good idea.
NOT!
Alex
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