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A corporation is a legal entity that is separate from the owners.  When certain charters, or articles of corporations are completed with the proper state authorities, a corporation is created.

Creating a new incorporation can significantly reduce personal liability of the business owner.  Creditors of corporations satisfy their claims by going after company assets rather than personal assets, in contrast to a sole proprietor or a partner in a partnership who are financially responsible for all liabilities of the business.

Tax benefits include tax deductions for medical expenses, health insurance, and less payments on social security tax, and medicare taxes.

Another benefit is the issuance of stocks, which helps increase capital for the business.

At AH Accounting we pride ourselves in having helped countless businesses incorporate their business.

Call us today and find out how easy it can be.

   
   
 

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