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You are replying to this message: | | Posted by ananotary on 10/16/18 9:11am
Personal liability is not an issue in my consideration.
Tax liability is. It's very complicated and I am just now considering it and trying to wrap my head around all the information. I already file a schedule C every year. I am told that with a corp there are many more deductions I could take. For example; medical insurance. That is over $10,000 per year for me.
I would be an employee of the corporation and still paying into SS, is how I understand it, so far at least. It's a lot to consider!
Thank you all for the information in this post! I will be reading/ considering/ asking questions and report back.
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