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Old 28th February 2008, 11:02 AM   #11 (permalink)
William Greene
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Join Date: Feb 2008
Location: Center Conway,N.H. USA
Posts: 18
Default Re: Type of buisness

Quote:
Originally Posted by Streyken View Post
Still sole proprietor. Generally, here it is wise to think about incorporating at about 60-70K, but that can depend on expenditures. I like to buy lots of things for the tree and online businesses, so I have lots of legal write offs; that is why I'm still sole proprietor. My accountant and lawyer both said that going incorporated doesn't necessarily limit personal liability, depending on circumstance, and that there is lots of case law to prove this. So I do what is tax wise, but talk to an accountant and a lawyer.
that's what i do too,i'm lucky my dad is a lawyer and i've learned nothin' like a one man band!
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