Incorporation 101 - tackling some of the myths surrounding incorporation, with special guest Phil Guenther

In this episode, I continue the conversation about "incorporation" - join my friend Phil and I as we discuss some of the myths surrounding incorporation, and provide you with some "markers" to look for prior to making the leap!
The issue of "when should I incorporate?" is one of the most common questions I get asked by business owners.  So it seemed only fitting to devote the entire month of July... and two podcast episodes.... to the topic.

On this episode of The Tax Chick Podcast, I am catching up with my friend Phil.  We completed the CPA In-Depth Tax Course together and Phil is always down to nerd out on tax topics.

Phil and I discuss: (1) What is the difference between a sole proprietorship and a corporation? (14:02) (2) How do you know when it is time to incorporate? (22:40) and (3) Once you have incorporated, what should you keep in mind? (34:45)

RESOURCES DISCUSSED ON THE EPISODE:
  • The Dead Pilots Society Podcast: https://maximumfun.org/podcasts/dead-pilots-society/ 
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