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Old 2006-03-01, 04:13 PM   #1
Davevjr
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Originally Posted by Greenguy
Next you'll be complaining that Map Quest gives them directions to your house
mapquest will not give them home address, it will only give directions if they already know the adrress if not concerned with privacy why did you inc yourself.
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Old 2006-03-01, 05:17 PM   #2
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Quote:
Originally Posted by Davevjr
....if not concerned with privacy why did you inc yourself.
Ummmm, tax reasons?
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Old 2006-03-01, 05:33 PM   #3
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Quote:
Originally Posted by swedguy
Ummmm, tax reasons?
Yup...that's why I inc'd myself

Well that...and it felt kinda good too
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Old 2006-03-02, 06:35 AM   #4
Simon
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Originally Posted by MrYum
Yup...that's why I inc'd myself

Well that...and it felt kinda good too
I've inc'd so many times, I... I just don't
feel anything anymore when I do it.


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Old 2006-03-02, 11:26 AM   #5
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Quote:
Originally Posted by Simon
I've inc'd so many times, I... I just don't
feel anything anymore when I do it.


Aww...that's just sad...it should always feel good when ya inc

Agreed Greenie...this has gotten so far off track it's not funny. And being incorporated has nothing to do with protected whois info, and getting listed on link sites or tgps.

Not to mention someone needs to do a bit more research on the pros and cons of being incorporated before spouting off about those issues
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Old 2006-03-01, 07:37 PM   #6
Davevjr
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Quote:
Originally Posted by swedguy
Ummmm, tax reasons?
NO NO NO, you are subject more taxes as a corpoartion.
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Old 2006-03-01, 07:40 PM   #7
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Quote:
Originally Posted by Davevjr
NO NO NO, you are subject more taxes as a corpoartion.
Get a new accountant.
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Old 2006-03-01, 10:35 PM   #8
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Quote:
Originally Posted by Davevjr
NO NO NO, you are subject more taxes as a corpoartion.
See Swedguy's post
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Old 2006-03-02, 12:09 AM   #9
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Quote:
Originally Posted by Davevjr
mapquest will not give them home address, it will only give directions if they already know the adrress if not concerned with privacy why did you inc yourself.
Is that what he meant? Inc = Incorporated?

Oh for the love of

Let's see...just off the top of my head, I formed an S Corp because of the numerous tax breaks & retirement/pension options and the fact that if the company is sued, I will not loose my personal assets.

And my business address is my home address, so if I was hiding from someone, I think that my basement would have been a poor choice for the corporate offices
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Old 2006-03-02, 04:45 AM   #10
Davevjr
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Quote:
Originally Posted by Greenguy
Is that what he meant? Inc = Incorporated?

Oh for the love of

Let's see...just off the top of my head, I formed an S Corp because of the numerous tax breaks & retirement/pension options and the fact that if the company is sued, I will not loose my personal assets.

And my business address is my home address, so if I was hiding from someone, I think that my basement would have been a poor choice for the corporate offices
Protecting personal assets is a legit reason but tax breaks, what tax breaks, you have to pay your normal income tax plus franchise taxes. retirement and pension plans can be offered by any company wether you are a corporation or not. if you don't a lot of assets you could have easily been sole proprieter.

Also Greenguy you should know that if you don't follow corporate formalities you can be held personally liable. off course I am sure you know that already.
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