Incorporation is the formation of a new corporation (a corporation being a legal entity that is effectively recognized as a person under the law). The corporation may be a business, a nonprofit organization, sports club, or a government of a new city or town. Incorporating your business in the right way can prevent owners’ liabilities and assets from corporate debt and obligations as incorporation separates your business from your personal assets.
With the right form of incorporation, our clients will be able to deduct normal business expenses. Avoid paying double taxes in order to protect your personal credibility and your family assets.
Incorporating your business can be a confusing and frustrating process, if you are considering open up a brand new business it’s the best that you seek out professional help. At TDL Tax & Services, our professional accounting consultants will help you answer all your questions about how to maintain the right type of structure for your corporation.