Incorporating Your Business
In simple everyday language, Incorporating Your Business describes all the advantages and disadvantages of incorporating your small business or professional practice. You get authentic information about every step of the incorporating process: what it costs; whether or not to incorporate with a lawyer; how to meet incorporation regulations in your state; how many directors and officers to have; and how to minimalize state fees and taxes. Its dozens of money-saving ideas include: How to get the most favorable tax treatment and avoid problems with the I.R.S. How to put family members on your payroll for overall tax savings How to choose the right corporation structure best suited for your business--the Subchapter S corporation, the 1244 corporation, and the professional corporation, among others In addition, this book provides you with complete appendices for: Accounting and legal terms used in establishing and operating a corporation Bylaws that can be used or easily adapted to suit your business Minutes, notices, and proxy forms for meetings of shareholders and directors Sections of the I.R.S. code that deal with corporations John Kirk is a distinguished writer on business and financial subjects and is author of the bestseller How to Manage Your Money. He was assisted by the editors of The Professional Repor, the highly respected monthly publication for business owners.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Five Basic Reasons
The Incorporation Process
Regulations to Observe
10 other sections not shown
Other editions - View all
amount annual meeting approval articles of incorporation assets authorized Bardahl basis benefits board of directors by-laws capital gain cash certificate charter closely-held corporation common stock considered corporation's cost deduct depreciation determine distribution dividends dollars earnings and profits electing small business employee equipment estate taxes fees firm fiscal gross income held Internal Revenue Code issued lease liabilities loan meeting of shareholders minutes motion was duly number of shares operating loss ordinary income owner paid payments percent period person poration preferred stock president professional corporation purposes quorum reasonable received records regulations related taxpayer rules salary seconded and carried secretary sell shareholder's small business corporation small corporations sole proprietorship special meeting specific stockholders Subchapter surplus tax bracket tax return tax-free transact undistributed taxable income usually