VA ->   >    
   ->   JH>  Now back on topic. The way businesses treat people in todays  
   ->   JH> world being self employed is the only way to go. The taxes are to 
 
   ->   JH> high for the self employed.
   ->
   ->  One would encounter high taxes only when the profit is high.
Humm.. what about both sides of your Social Security TAX
             AKA: Self-Employment Tax
   ->   JH> The one thing about being self employed is one should make it a
   ->   JH> corporation. That way your personal possesions can't be
   ->   JH> touched.It's way better than a partnership.
   ->
   ->  Best to my knowledge - incorporation does not protect ones personal 
poss
sions.
   ->    If ones corporation does not live up to its obligations the 
creditors 
ill
   ->  ask and get the personal possesions to cover the indebtedness.
I don't believe that's true.  The Corporation is a legal "person"
You can sue this "person", but the owners / stockholders have no
liability.  Why else is it so popular?
 * JABBER v1.1 * 93.4% of all statistics are made up.  The rest are false.
--- Platinum Xpress/Wildcat! v1.3
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