Many people have the misconception that in order to file a corporation, they must have a grand business plan and hire employees. The reality however, is that almost everyone should incorporate if they choose to make any income aside from their W-2.
Advantages of Incorporating:
- Personal Asset Protection
- Tax Breaks
- Deductible Expenses
- Perpetual Existence
- Limited Liability Protection
- Credibility and Reputation Protection
The most common way people give up their power
is by thinking they don’t have any.
– Alice Walker