Comment Re:BEWARE!!! (Score 1) 282
Compulawyer is correct, that liability protection is the most significant benefit of a corporation, and that piercing the corporate veil will expose you to liabilities of the corporation. This can occur if you do not follow the form and procedures required of corporations. It depends on the state; ask a lawyer or read a book.
With regard to taxes, these pierce the corporation in any circumstance. Use an accountant to manage your taxes, and do not fall behind in payments. You will be personally liable, even if the corporation files bankruptcy.
You will need an accountant, and maybe a lawyer. Get recommendations from friends, colleagues, etc. In general the accountant or lawyer should be about the same size as your company. Don't pay large companies for these services.
With regard to taxes, these pierce the corporation in any circumstance. Use an accountant to manage your taxes, and do not fall behind in payments. You will be personally liable, even if the corporation files bankruptcy.
You will need an accountant, and maybe a lawyer. Get recommendations from friends, colleagues, etc. In general the accountant or lawyer should be about the same size as your company. Don't pay large companies for these services.
