Incorporation
When you incorporate your business, it allows you to protect your business assets separately from your personal assets. This means that if your business is sued, you will not have to use your personal assets to pay for any judgment that might occur. While many online legal services can help you file paperwork with the state to register your business, they are not as skilled at providing legal advice about registration. Many people choose to register as an Limited Liability Company (LLC), but that may not provide the protection you or your business need. Alternatively, if you register as a corporation, you might be taxed twice- once as the business and once as an individual. There are many questions regarding incorporation that Owings Law can help you resolve.