Posted by
in Friends, Interview, Marketing on January 15th, 2010
Two years ago I studied abroad in Florence, Italy where the wine is cheaper than water, and certainly cheaper than Italy’s version of my usual drink of choice, Coca Light. After four months under the Tuscan sun, I returned home somewhat plumped from copious servings of everything and teeth, to my dentist’s disdain, tinted purple from habitually making the more economical choice of hydrating myself with the house vino—a thrifty decision in terms of saving Euros. And the more fun one.
Part of this wine-drinking four month rendezvous can be attributed to the fact that I was enrolled in my Italian…
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Posted by
ted
in Business, Uncategorized on March 1st, 2009
There are many benefits and a few detriments to incorporating if you doing contract/freelance work. I’ve personally started at least 10 corporations of all types (C-Corp, S-Corp, LLP, LLC), so I possess a little bit of knowledge worth sharing.
The positives
First you are protected legally/financially by the corporate shroud once you are a corporation/propriety. Second, you can write off expenses through the corporation in ways that are well documented and easy to follow. Third, you can control your salary to yourself via dividends, which typically allows for better tax treatment. Fourth, many companies’ accounting departments will treat you a little more…
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