To become incorporated or not

Discussion in 'Business Operations' started by Dburd61, Jan 31, 2005.

  1. Mowmoney00

    Mowmoney00 LawnSite Member
    Messages: 134


    Really I would talk with your CPA, Lawyer, and even several other good business friends that has done it in the past. Research it before you make your decision. Everyone's experience is different than someone else's.

    We incorporated this past month. I ran through the pro's and con's over the past 6 months and finally made my decision. As far as paying the double taxation through the corporation that is true, but with a good CPA and financial planning you can exhaust the extra tax easily. Please make sure you have a CPA that will work with you to help grow your business not someone who you see twice a year and that does your taxes with you. They need to be someone that gets you fired up and helps your business grow with financial smarts. Make him or her part of your business structure.
  2. jpmako

    jpmako LawnSite Senior Member
    Messages: 593


    Very good advice. :waving:

  3. MMLawn

    MMLawn LawnSite Gold Member
    Messages: 3,569

    So then you finally realized this was correct..great now I am trough also with this topic! :p

  4. Mueller Landscape Inc

    Mueller Landscape Inc LawnSite Senior Member
    Messages: 489

    This is true with a C corp, but not an S corp.

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