Bookkeeping Accounting Payroll Taxes HR Services Management About Us Services FREE Consultation Contact Us Our Mission Our Commitment Incorporating a Company: Forming a corporation is an important step for small business owners, and taking this step has many possible benefits for the business and its owners (who are also called shareholders). These benefits are, in many cases, unavailable to sole proprietorships and general partnerships. Incorporation benefits include: Limited Liability - Corporations provide limited liability protection to its owners. Typically, the owners are not personally responsible for the debts and liabilities of the business; thus, creditors cannot pursue owners’ personal assets (such as a house or car) to pay business debts. Conversely, in a sole proprietorship or general partnership, owners and the business are legally considered the same and personal assets can be used to pay business debts. Tax Advantages - Corporations often gain tax advantages such as: the deductibility of health insurance premiums paid on behalf of an owner-employee; savings on self-employment taxes, as corporate income is not subject to Social Security, Workers Compensation and Medicare taxes; and the deductibility of other expenses such as life insurance. For information on the types of tax advantages your business may gain by forming as a corporation, please speak with an accountant or tax advisor. Establishing Credibility - Incorporating may help a new business establish credibility with potential customers, employees, vendors, and partners. Unlimited Life - A corporation’s life is not dependent upon its owners. A corporation possesses the feature of unlimited life, meaning if an owner dies or wishes to sell his or her interest, the corporation will continue to exist and do business. Transferability of Ownership - Ownership in a corporation is typically easily transferable. (However, there are restrictions on S corporation ownership.) Raising Capital - Capital can be raised more easily through the sale of stock. Additionally, many banks, when providing a small business loan, want the borrower to be an incorporated business. Retirement plans - Retirement funds and qualified retirements plans, such as a 401(k), may be established more easily. MINT Payroll is a outsourced payroll company help clients save time and money by eliminating task that take away from your businesses core operation. MINT Payroll can calculate, process and file all payroll federal and state taxes, medical, dental, vision, life and workers compensation, we can also calculate, process and file 401k, 403b, and all other retirement programs. We can help you manage your unemployment insurance claims. Ensure all garnishments are calculated, processed and filed. NOT like a PEO the employees remain yours under your EIN and control. MINT Payroll works closely with a Human Resources company that does by item billing for Human Resource Needs, i.e. HR Manuals, Policies and Procedures, Recruiting, Training, Terminating, Interviewing, Sexual Harassment Seminars, Labor and Safety Posters… 3111 S. Valley View Blvd., Ste. A220, Las Vegas, NV 89102 Email: info@maclv.com Tel: 702-367-7400 Fax: 702-873-5827 MACLV is an ISHI Holdings, Inc. Company Copyright  2006 - Management, Accounting & Consulting Las Vegas