1
Why incorporate your business?
A formal business entity can help separate personal and business obligations, create a clearer ownership structure, add credibility, and support future growth.
2
Common benefits
- Personal asset protection when entity formalities are respected
- Tax classification options
- Enhanced credibility
- Brand and name organization
- Continuity beyond an individual owner
- Clearer ownership records
3
S Corp, C Corp, or LLC
- An S corporation is a federal tax election available to qualifying entities.
- A C corporation is taxed as a separate corporate taxpayer and can issue stock.
- An LLC provides flexible state-law management and can have several federal tax classifications.