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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
incorporation.
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.
