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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.
(There are cases when incorporating in NV or DE can actually increase your taxes instead of lowering them.) • Most importantly, you'll know which business structure is best for your specific situation: LLC, S corporation, C Corporation, Partnership or Sole Proprietorship.
In just a couple of hours from now you'll have a clear understanding of which business structure you need.
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.
It describes all the differences among those business structures regarding taxation, acquisition, financing, transfer, exit and, of course, liability. If a concept can be fully explained in detail on one page, then it should be explained on one page, not on ten pages full of filler content.
What I have to offer you is a guide with 57 pages of pure information specifically on the topic of which business structure to pick given your particular situation.
Once you read the Incorporation Master's Guide: • You'll discover the loopholes which allow you to save tens of thousands of dollars on taxes by forming the right business structure.
• You'll discover how to properly protect your personal assets by forming a separate legal entity.
• You are restructuring an existing business either by splitting up or by inviting new partners.
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).
As you continue reading, you'll form a concrete plan for how to structure your entity.
You'll know the pros and cons of all alternatives, and you'll be able to pick the best legal structure for your location and situation.