I would like to know at what point it becomes financially beneficial to incorporate? I am very part time so I am trying to decide if next year I should continue to claim income as self employment or if I should incorporate. There are tax advantages, yes but there are also large fees to incorporate and use my lawyer as my address (he said $1500 for everything including actual incorporation, his retainer and legal write-ups for my website, etc). So my basic question is, how much does one have to earn for it to be worth it?
I would prefer this be answered through PM so that I can ask other questions, should they come up. Also if you are a CGA open to working with an escort please let me know as I will be looking for an accountant next year. This year I am just doing everything as self employment and I am quite familiar with these taxes as I've been self employed for years.
~Katlyn~
I would prefer this be answered through PM so that I can ask other questions, should they come up. Also if you are a CGA open to working with an escort please let me know as I will be looking for an accountant next year. This year I am just doing everything as self employment and I am quite familiar with these taxes as I've been self employed for years.
~Katlyn~
