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Reply To: Incorporation hastles…

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#644524
Anonymous
Inactive

That’s the joy of small business corporations.

I personally handle all the stuff myself so I don’t need to pay anyone for paychecks etc.

Benefits are:

– limited liability, if your company goes bankrupt, your protected
– tax benefits if you make a ton of money
– hide your assetts under the corporate umbrella
– in case of divorce, lay yourself off and save on spousal support

For all the hassles, I still think they are worth it if you can manage it yourself.