According to a survey by RocketLawyer, 12% of Americans want to incorporate for tax breaks following the Tax Cuts and Jobs Act. Is this a good idea? It may be for some but not all businesses. In addition to federal income tax changes, also factor in state tax rules as well as non-tax considerations (e.g., raising capital through equity crowdfunding). If you’re thinking of incorporating, seek out expert advice for your unique situation.
New blog post today! How the Tax Cuts and Jobs Act Is Changing How We Do Business