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Corporations
Anthony J. Peraica &
Associates, Ltd. has assisted the entrepreneur in taking advantage ofthe
benefits of incorporation for over seventeen years. Incorporating your
business has many advantages.
For example, a pizza driver
working for a small pizza parlor strikes and kills a pedestrian while
delivering a pizza for his employer. The owner has not incorporated, and the
driver's liability policy only provides $20,000 in coverage for the
pedestrian's death.
What can happen? If the
pedestrian's family has a good lawyer and a sympathetic jury, they can hold
the owner of the pizza parlor liable for up to a million dollars, or more.
Not only can the owner lose his business, but he could lose his home,
savings, car and practically everything else he owns!
Had the owner incorporated, he
could stand to lose only the assets owned by the corporation -- his home,
savings and other assets would not be in danger.
There are many other advantages
to incorporation of a small business, including simplification of one's
personal income tax returns and other tax advantages. Let us put our
expertise to work for your small business.
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