Incorporating sounds intimidating, and in a lot of ways it is. The taxes for most types of corporations are complicated and have to be filed quarterly. If you don’t have the money for an accountant, and you can’t see going through tax time four times every year, then the S Corporation might be right for you. The technical aspects of the taxes are a little beyond me, but I do know this- you only have to pay once a year. It’s not much more complicated than filing personal income taxes, and I haven’t found much difference between filing for an … Continue reading →