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Re: Raznic post# 45333

Friday, 05/15/2015 8:06:19 AM

Friday, May 15, 2015 8:06:19 AM

Post# of 63559
Mainly taxes. Inc. provides better tax breaks. Even we as individuals, can inc. and save if you want to go though all the paper work. A limited liability company is limited but does have some advatages

no limit on the number of owners, profit and loss are passed through to the owners' individual tax returns,
no annual meeting or minute book requirements.

Inc advantage,

may issue shares of stock to attract investors, corporate income splitting may help lower overall tax liability.

John Maynard Keynes1883-1946
Invest, don't speculate! "Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market."