{"product_id":"incorporate-your-business-when-to-do-it-and-how-paperback-softback-9780471669524","title":"Incorporate Your Business; When To Do It And How (Paperback \/ softback) 9780471669524","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eIncorporate Your Business\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eWhen To Do It And How\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eRobert A. Cooke (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780471669524, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 19 October 2004\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e256 pages, Tables: 5 B\u0026amp;W, 0 Color; Exhibits: 12 B\u0026amp;W, 0 Color\u003cbr\u003e23.8 x 19.2 x 1.4 cm, 0.443 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eWith real-world examples, charts, and tables, this handy guide will help you calculate the benefits of incorporation for your business—before you decide to take the leap. For small business owners, with \u003ci\u003eIncorporate Your Business\u003c\/i\u003e you'll master all the fundamentals, including:  \u003cul type=\"disc\"\u003e \u003cli\u003eOverall benefits of incorporation\u003c\/li\u003e \u003cli\u003eTax changes under incorporation\u003c\/li\u003e \u003cli\u003eVarious types of corporations\u003c\/li\u003e \u003cli\u003eCompleting all the paperwork correctly\u003c\/li\u003e \u003cli\u003eSetting up a corporate structure\u003c\/li\u003e \u003cli\u003eElecting officers and setting up the board\u003c\/li\u003e \u003cli\u003eHolding important organizational meetings\u003c\/li\u003e \u003c\/ul\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\u003cb\u003eCHAPTER 1 Why Should I Incorporate My Business? 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat a Corporation Is, and What It Is Not 3\u003c\/p\u003e \u003cp\u003eWho Starts and Who Owns a Corporation? 4\u003c\/p\u003e \u003cp\u003eReasons to Incorporate Your Business 5\u003c\/p\u003e \u003cp\u003eLimiting Your Liability for Business Debts 5\u003c\/p\u003e \u003cp\u003eLiability of Stockholders Who Are Also\u003c\/p\u003e \u003cp\u003eEmployees of Small Corporations 7\u003c\/p\u003e \u003cp\u003eSave Payroll Cash by Incorporating 9\u003c\/p\u003e \u003cp\u003eTax Savings 10\u003c\/p\u003e \u003cp\u003ePrestige of a Corporation 10\u003c\/p\u003e \u003cp\u003eEase of Transferring Ownership 10\u003c\/p\u003e \u003cp\u003eReasons Not to Incorporate Your Business 11\u003c\/p\u003e \u003cp\u003eCorporations and Other Business Forms Are\u003c\/p\u003e \u003cp\u003eToo Complicated 11\u003c\/p\u003e \u003cp\u003eCorporations Cost Too Much to Set Up and Operate 12\u003c\/p\u003e \u003cp\u003eMy Business Is Too Small to Incorporate 13\u003c\/p\u003e \u003cp\u003eA Corporate Form Does Not Entirely Protect Professionals 13\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 2 How Incorporating Can Result In Tax Savings 15\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTax Savings In a Corporation? Maybe 15\u003c\/p\u003e \u003cp\u003eThe Organization of this Chapter 16\u003c\/p\u003e \u003cp\u003eAn Example of Tax Saving from a Corporation 16\u003c\/p\u003e \u003cp\u003eSome Background, Concepts, and Explanations 17\u003c\/p\u003e \u003cp\u003eHow Your Business Tax Picture Changes When You Incorporate 18\u003c\/p\u003e \u003cp\u003eHow a Sole Proprietorship Is Taxed 18\u003c\/p\u003e \u003cp\u003eHow a Corporation Is Taxed 21\u003c\/p\u003e \u003cp\u003eDouble Taxation of Corporate Profits 23\u003c\/p\u003e \u003cp\u003eHow to Cope with Double Taxation of\u003c\/p\u003e \u003cp\u003eYour Corporation 24\u003c\/p\u003e \u003cp\u003ePay Dividends Between May 6, 2003 and December 31, 2008 24\u003c\/p\u003e \u003cp\u003eKeep Earnings in the Corporation 24\u003c\/p\u003e \u003cp\u003ePay Salaries to Stockholders\/Employees 25\u003c\/p\u003e \u003cp\u003eThe IRS Position on Salary Levels for Stockholder\/Employees 26\u003c\/p\u003e \u003cp\u003ePay Interest to Stockholders 28\u003c\/p\u003e \u003cp\u003eAlternative Minimum Tax on Corporations 29\u003c\/p\u003e \u003cp\u003eWhat If the Corporation Has a Net Loss Instead of Net Taxable Income? 30\u003c\/p\u003e \u003cp\u003eS Corporations 31\u003c\/p\u003e \u003cp\u003eHow Stockholders Take Profits out of an S Corporation 32\u003c\/p\u003e \u003cp\u003eThe Disadvantages of an S Corporation 33\u003c\/p\u003e \u003cp\u003eType of Stockholders 33\u003c\/p\u003e \u003cp\u003eNumber of Stockholders 34\u003c\/p\u003e \u003cp\u003eUse of the Corporation’s Loss, If It Has a Bad Year 34\u003c\/p\u003e \u003cp\u003eFlow-through of Certain Tax Attributes to the Stockholder 35\u003c\/p\u003e \u003cp\u003eS Corporations Are Limited to One Class of Stock 36\u003c\/p\u003e \u003cp\u003eWhen to Use an S Corporation 37\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 3 The Alternatives to Forming a Corporation 41\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSole Proprietorship 41\u003c\/p\u003e \u003cp\u003eGeneral Partnership 42\u003c\/p\u003e \u003cp\u003eLimited Partnership 43\u003c\/p\u003e \u003cp\u003eLimited Liability Company (LLC) 43\u003c\/p\u003e \u003cp\u003eOther Entities With Limited Liability of the Owners 45\u003c\/p\u003e \u003cp\u003ePassive Losses 46\u003c\/p\u003e \u003cp\u003eWhich Business Form Best Attracts Investors to Your Enterprise? 47\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 4 How to Structure a Corporation 51\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Basic Corporation 52\u003c\/p\u003e \u003cp\u003eAssets, Liabilities, and Equity 52\u003c\/p\u003e \u003cp\u003eHow to Invest In Your Corporation 54\u003c\/p\u003e \u003cp\u003eDebt versus Equity 58\u003c\/p\u003e \u003cp\u003eThe IRS Position on Debt versus Equity 60\u003c\/p\u003e \u003cp\u003eHow to Invest In Your S Corporation 61\u003c\/p\u003e \u003cp\u003eKeep Control of Your Corporation If Possible 62\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 5 Planning Your Corporation 65\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDo-It-Yourself Incorporation 65\u003c\/p\u003e \u003cp\u003eUsing Professionals 66\u003c\/p\u003e \u003cp\u003eChoosing an Attorney 67\u003c\/p\u003e \u003cp\u003eChoosing an Accountant 67\u003c\/p\u003e \u003cp\u003ePlanning the Specifics of Your Corporation 68\u003c\/p\u003e \u003cp\u003eDecide on the Size of the Initial Investment in the Corporation 68\u003c\/p\u003e \u003cp\u003eSize Your Investment to Qualify for Treatment as a Small-business Corporation 70\u003c\/p\u003e \u003cp\u003eWho Will Be the Owners (Stockholders) of Your New Corporation? 71\u003c\/p\u003e \u003cp\u003eDetermine How Many Shares of Stock Will Be Authorized and Issued 72\u003c\/p\u003e \u003cp\u003eDetermine What the Price per Share of Stock Will Be 74\u003c\/p\u003e \u003cp\u003eDetermine Who Will Be the Directors and Officers, and Assign Duties 77\u003c\/p\u003e \u003cp\u003ePrepare a Pre-incorporation Agreement 79\u003c\/p\u003e \u003cp\u003eDetermine Who Will Be the Incorporator(s) 79\u003c\/p\u003e \u003cp\u003eSelect a Resident Agent for Your Corporation 80\u003c\/p\u003e \u003cp\u003eHave All Prospective Stockholders Sign a Stock Subscription 81\u003c\/p\u003e \u003cp\u003eDetermine the State in Which You Will Incorporate 82\u003c\/p\u003e \u003cp\u003eChoose a Name for Your Corporation 85\u003c\/p\u003e \u003cp\u003eDetermine If You Can Use a Simplified Procedure 88\u003c\/p\u003e \u003cp\u003ePrepare a Pre-incorporation Agreement 89\u003c\/p\u003e \u003cp\u003ePrepare a Stockholders’Agreement 90\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 6 Steps to Create and Run Your Corporation 93\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSteps to Forming Your Corporation 93\u003c\/p\u003e \u003cp\u003eInitial Action the Incorporator(s) Should Take 93\u003c\/p\u003e \u003cp\u003eHold Organizational Meetings 99\u003c\/p\u003e \u003cp\u003eOrganizational Meeting of the Stockholders 100\u003c\/p\u003e \u003cp\u003eOrganizational Meeting of the Board of Directors 100\u003c\/p\u003e \u003cp\u003eRegister Your Corporation with the Internal Revenue Service (IRS) 100\u003c\/p\u003e \u003cp\u003eRegister Your Corporation with Your State’s (and Any Foreign State’s) Tax Authorities 101\u003c\/p\u003e \u003cp\u003eElect S Status for Your Corporation If That Is Your Decision 102\u003c\/p\u003e \u003cp\u003ePay Particular Attention to the Initial Corporate Income Tax Return 102\u003c\/p\u003e \u003cp\u003eSteps to Keep Your Corporation Alive 103\u003c\/p\u003e \u003cp\u003eHold the Annual Stockholders Meeting Every Year 104\u003c\/p\u003e \u003cp\u003eHold an Annual Board of Directors Meeting Every Year 104\u003c\/p\u003e \u003cp\u003eSpecial Meetings of the Board of Directors (or of Stockholders If There Is No Board\u003cbr\u003e of Directors) 105\u003c\/p\u003e \u003cp\u003eLive Your Corporate Life as If You Meant It 105\u003c\/p\u003e \u003cp\u003eNonprofit Charitable Organizations 106\u003c\/p\u003e \u003cp\u003eAPPENDIX A Useful Forms 107\u003c\/p\u003e \u003cp\u003eAPPENDIX B Useful Addresses 213\u003c\/p\u003e \u003cp\u003eAPPENDIX C Short Course in Corporate Finance Terms 227\u003c\/p\u003e \u003cp\u003eAPPENDIX D Glossary 231\u003c\/p\u003e \u003cp\u003eINDEX 239\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Business \u0026amp; management [\u003ca title=\"See our other books on Business \u0026amp; management\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Business%20\u0026amp;%20management%20%5BKJ%5D%22\"\u003eKJ\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52298026549528,"sku":"9780471669524","price":13.39,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780471669524.jpg?v=1781731586","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/incorporate-your-business-when-to-do-it-and-how-paperback-softback-9780471669524","provider":"Freshly Printed Books","version":"1.0","type":"link"}