Re: PID 1% lease -- MIDRANGE-L

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> How does one incorporate one's self?

check with your lawyer.  for an s corp, there are a couple of requirements.
you'll have to form a board of directors - like your wife and your dog, and 
issue
stock - can be like 500 shares for $1.  then you pick your corporate name and
file it with the state.

being incorporated protects your personal assets from business debts.  for
example, if you get into financial trouble in your business,  if you are
incorporated, they cannot come after your personal property unless you sign a
personal guarantee.

it also makes you look more, well, established.

but there are a few downsides tax wise - the biggest one for us is not all your
health insurance is deductable.

nj

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title:          Chief Programmer and bottle washer
tel;work:       405-321-0354
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tel;home:       405-364-8960
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