The New Year is ringing in! This is the perfect time to make major changes such as incorporating your wedding business. It isn’t that you can’t make those same changes the rest of the year; it just saves the headaches of mountains of paperwork that can pile up especially with your taxes if you make the change midyear.
If you haven’t already incorporated in some way this is something that you need to do anyway. Chas Rampenthal points out that at the very least it makes your business look legitimate – not only to the government but also to the brides who are considering you. The tax benefits to both you are your employees are also huge. What do you think? Are you planning on incorporating your wedding business this year, or have you already incorporated?