What are some advantages of incorporating?
What are some advantages of incorporating?
There are many advantages to having a corporation. For one, corporations will oftentimes have lower rates of audit than sole proprietorships; not always, but oftentimes. It is a separate entity that requires a separate tax return, but it can afford some protection from liability, and it can also allow the business owner to pay taxes through payroll withholding, as opposed to depositing quarterly. Payroll withholding is deemed as being paid in timely as long as it’s paid by the end of the year. So a lot of business owners like that particular feature.
VideoJug: What are some advantages of incorporating?
If you enjoyed this post, please subscribe to my RSS feed!
Custom Search
This entry was posted on Thursday, October 9th, 2008 at 12:07 am and is filed under Entrepreneurs Success Tips, Useful Videos. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.