What You Must Know Before You Incorporate Free 5-Part E-Course
What You Must Know Before You Incorporate is our free 5-part e-course designed especially for small businesses, professional practices, and investors who want or use corporate vehicles. This brief course will help you navigate the many choices and options you may not know about as you prepare to form you new business entity. And, if you've already formed your corporation, limited liability company (LLC), limited partnership (LP) or other business organization, learn the far-reaching effects your choices may have on your business, finances, family, business associates, lenders, and others you do business with.
Whether you are a do-it-yourselfer or have professional advisors who do-it-for-you, this free e-course will alert you to important tax and non-tax considerations when forming a new business company. In What You Must Know Before You Incorporate I'll give you foresight and perspective from a professional, thoughtful, common sense angle. You'll be prompted to consider such things as:
What is your tolerance for risk?
What level of complication can you handle regarding corporate formalities?
What is your vision for the company?
It your vision realistic?
What if your company fails? Who will be liable for its debts, judgments, liens...taxes?
How will your company's form affect your personal life, family, heirs, estate?
What will be your company's tax options? Some legal entities pay much lower tax rates than others.
Can a non-U.S. person be a shareholder in the corporation? (Hint: Maybe not.)
How would a non-U.S. partner be taxed. And...who would be "liable" for their taxes? (Hint: Perhaps you if you were their "withholding agent".)
Can your business partners' personal tax affairs affect you?
How will your company's form affect your business partners and associates?
Will your company's form affect its ability to borrow money or raise capital?
Will you be permitted to freely sell, trade, will or otherwise transfer your company ownership interest to someone else? (Hint: It depends.)
Will you contribute assets or money to the company?
Or, will you make loans to it instead?
How will state or federal law affect your choice of business entity?
What are the rules for ownership "transparency" post-September 11th, and how will they impact your financial privacy?
What other options should you be aware of?
Plenty. If you have professional legal and tax advisors, good. I think you'll need them. I strongly recommend you work with them to form your company and plan your organizational future. There is simply too much at risk and so many complicated tax and legal consequences.
That being said, there is no substitute for first-hand knowledge. You owe it to yourself, your family and your business associates to at least have a foundational overview of your business structure. What You Must Know Before You Incorporate will give you that view from 30,000 feet. We don't promise you a doctorate in all things corporate when you study our free e-course. You don't need one. You do need to be informed, though, about how your affairs are being structured and what are the short- and long-term effects on your personal life and finances. When it comes to your business and your money, nobody cares more about them than you do.
What You Must Know Before You Incorporate will arrive in your email inbox once a day for five consecutive days. Each of the five installments is concise - about one page. When you finish the e-course, you'll be equipped to move forward intelligently with your new formation. You'll be better able to discuss the important aspects of your company with your professional legal and tax advisors from a position of knowledge and basic understanding. You may even be able to explain your corporate structure to your spouse and kids.
Wouldn't that be nice?
My promise to you: I will not waste your time.
You may cancel your subscription at any time. Of course, we will not abuse you with spam, and we will keep your information private. Please use the form below to request your free 5-part e-course What You Must Know Before You Incorporate.
