Comments on: I Have Now Officially Incorporated!

By: Dennis

Dennis — Fri, 23 Jan 2009 03:37:07 +0000

I am with TD canada trust also

Great bank, I’m in Montreal. I am going to incorporate soon.

By: Paul Piotrowski

Paul Piotrowski — Wed, 23 Apr 2008 05:53:04 +0000

Good idea on incorporating. I’ve had mine for a while now. Isn’t it cool to be a “shareholder” and a “director”

By: Vista Sidebar Gadgets

Vista Sidebar Gadgets — Wed, 26 Mar 2008 13:10:08 +0000

Definitely. From now on, all payments, for Aff, Ads, and other things should be made to your corporation.

Give youself a low salary (Here in Canada, I can make a salary of about 8000$ a year without being taxed on it). Then, give yourself an expense account, and anything that could be business related, expense it.

Another thing, I’m not a tax lawyer, but I heard paying yourself with dividends helps your tax rate as well.

Good luck, and let us know how it goes.

By: Ranked Hard

Ranked Hard — Mon, 24 Mar 2008 04:56:22 +0000

Jim, it’s not a matter of too much or too little anyway. It’s a matter of personal preference concerning how you want the money you make allocated. You can have hundreds of employees and still only be an LLC.

By: Millionaire Failure

Millionaire Failure — Mon, 24 Mar 2008 00:57:02 +0000

Tyler, Congrats, on the incorporation, now you can enjoy the benefits of the tax write off’s!!

By: catzer

catzer — Sun, 23 Mar 2008 04:48:07 +0000

Kudos to you, another step toward make more money online

By: Life is Colourful

Life is Colourful — Fri, 21 Mar 2008 16:32:17 +0000

Congratulations Tyler!! You achieved one of the milestones dude.

By: gasmoney

gasmoney — Fri, 21 Mar 2008 15:55:14 +0000

congrats on your new inc. , Ill be doing the same thing soon so good info.