Doing PC servicing house calls - suggestions, things to watch for?

[mcveigh]

as an S-corp you are a corporation. notice the INC in my company's name. that has to be there by law.
I just don't want you to think that by being an S- corp is a sub par corporation or something. there are advantages and disadvantages to them all, that's why I reccomend getting good advice!

good luck!

 

[wyvrn]

As an S corporation, you avoid double taxation. S-corps on not taxed at the corporate level, rather the taxes are passed onto the shareholders. S corps are great for start up companies and small companies, and some real estate people like to use S corps. One of my professors was a homebuilder, and used an S Corporation. I would definately talk to a lawyer who specializes in setting up corporations at some point during your business to see the advantages and disadvantages, obviously the knowledge cannot hurt you. Many people start out as sole proprietor (less paperwork) but elect to go the corp. route when their businesses get bigger. Also, you can go to www.sba.gov for more information.

edit: One other unique benefit of using a corporation is limited liablility. This is not zero liability however, and you also want to talk to your lawyer about how this can protect you.