How much did it save u in taxes to get incorporated?

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  • Worried
    Confirmed User
    • Apr 2007
    • 149

    #1

    How much did it save u in taxes to get incorporated?

    Not the exact figure of course, just the approximate percentage?

    It would be helpful if you would state if you went with s-corp or LLC and then
    state if it helped save you in taxes. If you don't want to state the percentage you can just state if it helped decrease the taxes.

    Besides protecting your personal assets, does incorporating really help you save much on taxes, or doesn't it just complicate things more?
  • Juicy D. Links
    So Fucking Banned
    • Apr 2001
    • 122992

    #2
    dude get a good accountant.....

    S Corp for example has many advantages compared to just doing a DBA and such .... just get accountant advice

    Comment

    • ztik
      Confirmed User
      • Aug 2001
      • 5196

      #3
      Originally posted by Worried
      Besides protecting your personal assets, does incorporating really help you save much on taxes, or doesn't it just complicate things more?

      It saves you so much you have no idea
      .

      Comment

      • Sosa
        In Tushy Land
        • Oct 2002
        • 40149

        #4
        just get it done... your fucking losing money if you don't and not protecting your assets along the way.

        Comment

        • Masterchief
          Confirmed User
          • Jun 2006
          • 530

          #5
          people who think setting up an LLC offers some sort of magical wall of protection must enjoy that false sense of security

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