Re: Declaring Yourself a Corporation for Tax Purposes
You can't "declare" yourself a corporation. You actually have to incorporate. In any event, you should consult a tax professional.
But, for what it's worth, I'm in another line of work where some people do incorporate. My attorney tells me that I'd have to be making about $200,000 per year and plan to do so consistently, before it would be tax advantageous.
|