How To Incorporate A Business In North Carolina

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Top 7 Small Business Tax Tips
By Stephen Pope

Here are seven ways for owners of small businesses to save money on their taxes.

1. Incorporate Yourself: If you're still a proprietor or partner of a business, it's time to incorporate yourself. Not only will you limit your liability, but you may enjoy lower tax rates on small business income and other tax advantages as well.

2. Be Home Based: If possible, continue (or switch to) being a home-based business. Not only will you keep your overhead down, but you will be able to write-off (or deduct) the business use of your home.

3. Income Split: Pay reasonable wages to your spouse and children. In this way, you can legally divert income taxed at your higher rate to your family memb...
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In the News

More Than Half of Financial Advisors Miss Opportunity to Incorporate Life Insurance into Planning, Saybrus Survey Finds
Financial advisors often miss the opportunity to speak to their clients about the important role life insurance products can play in financial planning, according to a recent survey by Saybrus Partners, Inc. Read More ...

Outsourcing? How to Build Great Contractor Relationships
Nellie Akalp is the CEO of CorpNet.com, an online legal document filing service, where she helps entrepreneurs incorporate or form an LLC for their new businesses. Connect with Nellie on Twitter or visit her free resource center. Read More ...

Phoenix Kiosk, Leading Provider of Kiosk Services, Releases Guide to Making Kiosks Lucrative in Small Businesses
Small businesses make up the backbone of the American economy, but with a struggling financial scene in the U.S. many business owners are forced to cut costs. In an effort to help businesses reach their potential in troubled times, Phoenix Kiosk, a true end-to-end supplier of innovative kiosks, has created a business guide to help owners incorporate kiosks into their company.(PRWEB) May 23, 2012 ... Read More ...

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