return to main index
  mobile - desktop
follow us on facebook follow us on twitter follow us on YouTube link to us on LinkedIn
 
Click for 65% off Shipping with Reptiles 2 You
Locate a business by name: click to list your business
search the classifieds. buy an account
events by zip code list an event
Search the forums             Search in:
News & Events: Make good choices . . . . . . . . . .  Burmese found on roadside in Wisconsin raises issues . . . . . . . . . .  Greater Cincinnati Herp Society Meeting - May 06, 2026 . . . . . . . . . .  CRE - May 16-17, 2026 . . . . . . . . . .  Colorado Herp Society Meeting - May 16, 2026 . . . . . . . . . .  Chicago Herpetological Society Meeting - May 17, 2026 . . . . . . . . . .  Bay Area Herpetological Society Meeting - May 22, 2026 . . . . . . . . . .  DFW Herp Society Meeting - May 23, 2026 . . . . . . . . . .  Tucson Herpetological Society Meeting - May 25, 2026 . . . . . . . . . .  Greater Cincinnati Herp Society Meeting - June 03, 2026 . . . . . . . . . .  CRE - Jun. 20-21, 2026 . . . . . . . . . .  Colorado Herp Society Meeting - June 20, 2026 . . . . . . . . . . 
HELP@kingsnake.com for support
kingsnake.com Updates links
Join USARK - Fight for your rights!
full banner - advertise here .50¢/1000 views
Click here for Dragon Serpents
pool banner - $50 year

RE: Benefits of Incorporation

[ Login ] [ User Prefs ] [ Search Forums ] [ Back to Main Page ] [ Back to Blood Pythons ] [ Reply To This Message ]
[ Register to Post ]

Posted by: Rich_Crowley at Fri Sep 21 21:57:01 2012  [ Report Abuse ] [ Email Message ] [ Show All Posts by Rich_Crowley ]  
   

Hey Mark, glad the animals are doing well for you.

First off I am an accountant gone herp! So as far as the subject you are asking, I love this stuff also.



You have various organizational approaches to take. The question of liability is the biggest motivator for incorporation so you can protect personal assets. But as a corp you also get taxed separately. Then your profit distributions or payrolls get taxed as well.



There are pass thru (s-corp) structures and proprietorships strutures as well. Depends on your personnal assets and the potential for liability from the business. Many people still follow proprietorship since the cost and risk don't warrant incorporate.



Just some thoughts.



Good luck!



rich
-----
================================

www.richcrowleyreptiles.com

Support your local herp society

www.chicagoherp.org

   

[ Reply To This Message ] [ Subscribe to this Thread ] [ Hide Replies ]

  • Benefits of Incorporation - strikersnakes, Fri Sep 21 13:18:11 2012
    • You Are HereRE: Benefits of Incorporation - Rich_Crowley, Fri Sep 21 21:57:01 2012

>> Next topic:  A few pics - mikeguzman, Fri Oct 5 13:53:38 2012
<< Previous topic:  Blood Male Breeding Size/age/weight? - ceniceros, Wed Aug 15 14:26:06 2012
Click for 65% off Shipping with Reptiles 2 You Click to visit Sierra Fish and Pets Click for 65% off Shipping with Reptiles 2 You
KINGSNAKE.COM

Enjoy all our content free of charge with a user account that gives you full access to every feature. For added visibility, paid options are available - post in our Classifieds, showcase your business with Banner Ads or a Directory listing, promote reptile events, and more.

Quick Links
Community
Legal & Safety
Support
Register for free ✓ Sign up!
Kingsnake.com ® is a registered trademark © 1997-