InterNACHI's Life Expectancy Chart recommended as way inspectors can avoid lawsuits.

12 Steps That Help Home Inspectors Avoid Lawsuits

What are the benefits of incorporating over LLC or Ltd?

Can someone tell me why Incorporating is better than being a LLC or an Ltd?

All you have to do is buy some of Ben’s “Now that you have had a home inspection…” book; chart is in the back; Ben, you may want to update it.

My company is formed as an Illinois state LLC, but we file, federally, as an S corp.

Very simple, as far as taxes are concerned. And, most years, the company has a paper loss so I get an extra tax break on my personal taxes.

This varies from state to state. ALWAYS talk to your CPA and lawyer.

Hope this helps;