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---- How do you know when to Incorporate, and, is it necessary?


LifeinAsia - 7:46 pm on Apr 5, 2006 (gmt 0)


Have your corp join a country club or pay for "business" trips to Hawaii, and you're asking for 20 years of IRS audits. :)

True, but the corp can pay for your health insurance and medical costs. Much better for the corp to get the 100% deduction instead of trying to deduct it on the persoanl side- have to itemize and then you still only get to deduct past medical expenses in excess of 7.5% of your adjusted gross income.


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