Incorporation

Incorporation is the legal process of creating a new business to protect owners from liability. This process is governed by federal or state law, so it’s important to work with someone who understands the business regulations in your jurisdiction that affect your business. At S&S Professional Corporation, we simplify this process by walking you through each step and making sure you understand everything that needs to be done.

Business run on personal identity is usually common, but this approach can be risky as your business grows. If your business runs into legal or debt problems, you may face personal bankruptcy. Incorporating your business can help protect your personal assets from liability.

Businesses often prefer business people’s lower income compared to personal expenses, which gives you more money to invest in your business. Additionally, business can facilitate the distribution of income among family members (such as spouses, parents, and children), resulting in increased savings. By splitting your income among family members in lower tax brackets, you can reduce your overall tax burden more effectively than with a single member. And gain long-term success of the business.