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Reply #78: Can he incorporate?
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Orrex
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Wed Sep-06-06 02:29 PM
Response to Reply #55 |
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The corporation's assets are considered separate from those of the corporation's owners, and vice versa.
Maybe he could establish Unemployed Artist Inc. and sell his personal assets to the corporation.
Not sure if that's entirely legal, and I'm not a lawyer by any means, but I've seen a number of ways that corporations--even small ones--can fiddle with the numbers...
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