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Inc Corporation Form

Inc Corporation Form

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Instructions and help about Inc Corporation

so what are some of the tax benefits of a c corporation let's talk about it because the first major decision you must make once you decide to start a business is what kind of business entities should i create should it be a sole proprietorship single member llc s corporation so today i'm going to look at why you may want to start a c corporation starting with benefit number one liability protection now corporations are seen to have the strongest protection when it comes to personal liability for its owners directors shareholders officers and even their employees because the corporation is considered to be its own separate entity and completely separate from the individuals who work within it so in this way any legal obligations of the business cannot become personal obligations associated with the individuals of the company for example if the corporation becomes insolvent and faces bankruptcy then the debt obligation would have no effect on the personal financial positi

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