Business Development – Spaulding Legal
You do not need to be a large corporation in order to take advantage of the tax code. Small businesses and independent contractors (1099-MISC) have opportunities too. Specifically, under the appropriate circumstances you could save thousands each year by incorporating and electing to be taxed under subchapter S of the Internal Revenue Code. However, there are specific factors that need to be considered (net income, reasonable compensation, additional costs, etc.). At Spaulding Legal, APC we have developed a precise calculator that analyses the various factors to determine whether incorporating is the right strategy. If so, we have a complete program that saves taxes, protects your assets, and maintains the highest level of compliance—all under one roof.