How Can You Benefit from a Corporation or LLC?

Regardless of size, all businesses can benefit from incorporating.

Advantages of a corporation or LLC include:

Personal Asset Protection: Both corporations and LLC’s allow owners to separate and protect their personal assets. In a properly structured and managed company, owners should have limited liability for business debts and obligations.

Credibility. Consumers, vendors and partners may prefer to do business with an incorporated company.

Name Protection. In most states, other businesses may not file your exact name (without your permission) in the same state.

Perpetual existence. Corporations and LLC’s continue to exist, even if ownership or management changes. Sole proprietorships and partnerships end if an owner dies or leaves the business.

Taxation. Though profit and loss typically pass through an LLC and get reported on the personal income tax return for owners, an LLC can also elect to be taxed as a corporation. Likewise, a corporation can avoid double taxation of corporate profits and dividends by electing Subchapter S tax status.

Deductible expenses. Both corporations and LLC’s may deduct normal business expenses, like salaries, before they allocate income to owners.

Our Story:

bizworx!inc. is a Limited Liability Company based in Dallas, Texas. We were formed in 2008. Prior to establishing the LLC, incorporation and business services were formed under Positive Community Alternatives. We are staffed by professionals with over 20 years experience in forming non-profit and for-profit businesses. We have helped to incorporate hundreds of businesses throughout the United States.

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Experience you can trust.