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by abfan1127
4121 days ago
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I originally incorporated in 2006 for the only reason of Limited Liability. There are mild benefits (shareholder distributions are taxed as longer term capital gains rather than income), but the extra hassle wasn't worth it for me until I found Zenpayroll (this year!). That being said, I would probably follow Dave Ramsey's guidance that early on, I would just open an account, deposit checks there, pay business stuff from there, and use Zen to pay myself. Keep it simple. Quickbooks is nice to track that and generate invoices. Its also way over kill. |
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