Incorporate Online

Forming a corporation or LLC can be a big step towards your success and the success of your business. Here are some benefits of forming a corporation or LLC that are not available to sole proprietors or partnerships:

• Protect your Personal Assets
  The primary reason many businesses form corporations is to protect their personal assets. Without setting up a legal entity for your business, like a corporation or LLC, creditors can take away your personal property such as your home, retirement savings, or any other asset you or your spouse own.
  
  
• Save Money on Taxes
  If you are operating as a sole proprietor, you will be required to pay self-employment tax on your profit, currently at 15.3%. If you set up a corporation for your business, only the salary you pay yourself is subject to self employment tax.
  
  
• Reduce your Chance of Tax Audit
  Statistics show that a business operating as a sole proprietor (Schedule C) is more likely to be audited by the Internal Revenue Service than a business operating as a corporation.
  
  
• Look and Feel Professional
  Putting "Inc." or "LLC" after your business name can give you credibility with your customers. Corporations, LLCs, and other legal entities can be a sign of credibility, professionalism, and trust.
  

EIN Online - You can click here to apply for your Tax ID number online.

How Can You Incorporate?

• NEED HELP? - Contact Tax and Financial Planners, Inc. and let the Taxman handle all of your business structure needs including S-Corporation, C-Corporation, Not-for-profit, LLC, and Partnership.
  
  
• ONLINE - Taxman has two great options for you to be able to incorporate online. You can choose which ever option works best for you:
  
  
  • Option 1 is an easy solution provided by an affiliate of TaxmanCentral.com. Just follow the easy steps to incorporate online.
    
    
  • Option 2 by Intuit is a great source of information as well as a great service to incorporate online.