Benefits of incorporating as a trader in the US

Discussion in 'Professional Trading' started by Gcapman, Jun 22, 2010.

  1. Gcapman

    Gcapman

    What are the benefits?

    All insightful comments are greatly appreciated!

    Regards
     
  2. there are already a number of threads on this with a lot of interesting details, it may not hurt to search on "incorporating" in the search box.

    Generally, a lot of thoughts seem to center on that it is a nice idea, but for most people, it just makes it more complex and more expensive.

    And the new tax laws are imploding a lot of the value that an S Corp had for traders, but I do not happen to have the articles at hand that I read on this.

    Traders don't need the kind of liability protection afforded by LLC/corp

    Others may have more.