Re: Incorporated: Information Needed

Subject: Re: Incorporated: Information Needed
From: Michele Davis <mdavis -at- bitstream -dot- net>
To: TECHWR-L <techwr-l -at- lists -dot- raycomm -dot- com>
Date: Thu, 15 Jun 2000 20:11:16 -0500

I'm a sole proprietorship and my accountant said that the only reason to
incorporate would be to save on FICA. However, a friend of mine said that he's
spoken with several lawyers who believe that incorporating would alleviate the
problem of pissing off someone, being sued and losing your assets. Good point I
think. I went sole because I had no assets when I was 25, but 10 years later,
well, I've accumulated stuff and now for me may be the time to look into

My thoughts. Michele

Suzanne Topping wrote:

> > re: I want to start my own business (eventually) and I would like to know
> > how one becomes "Incorporated."
> Have you considered going with a DBA (Doing Business As)/Sole Proprietorship
> instead of incorporating? You don't need a lawyer, there's a very small fee
> for registering the business name, and you file taxes as an individual so
> it's very straight forward and hassle free.

Previous by Author: Re: Structure vs. Substance (long)
Next by Author: Re: Incorporated: Information Needed
Previous by Thread: Re: Incorporated: Information Needed
Next by Thread: Re: Incorporated: Information Needed

What this post helpful? Share it with friends and colleagues:

Sponsored Ads