Question: I drive a cab part-time but am thinking about doing it as a full-time job. If I am self-employed, what is best for taxes, be a simple business owner or incorporate? I have a house and a family. — Johnathan of Boston
Answer: Stockholders are not liable for corporate debts. This is the most important [...]
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David Dennis, CPA, is a Partner and founder of Dennis & Associates, an entrepreneurial professional organization that specializes in working with closely held and family-owned businesses. He serves as a financial advisor and sits on the board of directors for several client accounts and is involved with several nonprofit organizations throughout the Boston area, as well as many national and local professional organizations such as the American Institute of Certified Public Accountants and the Massachusetts Society of Public Accountants. He can be reached at 617-470-6300. Got your own question? Ask away! |
| Please be advised that this column is meant to provide general information only. For professional advice, you should contact the author directly or another financial planner/tax expert of your choosing. | |
