My accountant told me that you should incorporate when you can see a savings on your income from taking dividends versus payroll. For example if you make $30K a year from this gig, then you can pay yourself a decent salary, say $17.5K and then you can take the rest as dividends at a lower tax rate. My accountant suggested the break even point is usually $20K for people, since there are costs and time associated with doing payroll, etc. Liability is also a cosideration

ELVEN, ELVEN!! Come on people get it right. For crying out loud Tolkien even had a paragraph in his book about the fact that elvish is not a word. It's ELVEN!! Geesh, pay the man a little respect here.