I am newly licensed in Texas and am in the process of setting up my company. Can anyone tell me the pros/cons of incorporating? Which one is best for my protection? LLC, S Corp, Inc, etc…
Meet with your Attorney to discuss the option that will serve your needs.
It doesn’t hurt to ask an accountant either. I asked an attorney and he told me to check with an accountant. The accountant also did my incorporation for $900 less than the attorney wanted to fill out and submit standard forms.
You may have a little more protection by being incorporated, and the biggest benefits will be your tax liability. I agree with the others, talk to an accountant. i set up my own corporation in Colorado. It was pretty easy to do.
Good luck in your business.
Thanks for the input…
Insurance is the best protection.