1 vote
In reply to: When should I incorporate my new business?
That’s a good question. I think it a good idea to research and be aware of the advantages and disadvantages of each business structure you are interested in, but I would wait until I have launched my business and have a clear understanding of the potential income. Once you register as a LLC, you will have to immediately start filing taxes each month with the state of incorporation. If you don’t begin to receive income until 6 months down the road, you will have to pay an accountant to file your tax returns for at least 6 months without receiving any income.
- Kate Zella answered 11 months ago
