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• You'll also find out when you should not incorporate in another state, but instead register your company in your home state.
You'll be ready to file your paperwork knowing that your legal entity is going to be structured the best way possible. My guide is for you if any one of the following applies: • You are thinking about incorporation, but not sure if you need it or not.
So if you already have substantial income or planning on making money with your new venture, you need to start doing what the rich do -- structure your business, your assets and your liabilities in a way that allows you to safely accumulate wealth.
What happens in the first few minutes of reading my guide: Once you open my guide, you'll immediately learn if it's better for you to pay self-employment taxes (by using LLC) or pay yourself a salary (with S corporation) or go with double-taxation (C Corporation).
I'm going to discuss various business structures available in the USA, including Sole Proprietorships, Partnerships, LLCs, S Corporations, and C Corporations, and the differences among them.
So that you can form a legal entity which really allows to save on taxes and shield you from liability.