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New York, NY Starting Your Own Corporation
Woloshen & Herman CPA
Are you thinking about starting up your own business? Not only will you be able to keep more of your profit, you as an individual will also be protected from lawsuits and heavy taxation.
Why wait to have the protection you need? We can set you up as a corporation in less than 24 hours.
Benefits of Starting Your Own Corporation
- Liability Protection – Since you will exist as a separate legal identity from your business, you personally won’t be responsible for any lawsuits brought against your company.
- Taxation Protection – Corporations can often be taxed at a lower rate and have better taxable benefits than individuals.
- Raising Money – It’s easier to raise money in a corporation than any other type of small business structure, since you can sell shares of your corporation.
- Selling the Business – It’s easier to evaluate the financial worth of a corporation than a non-corporate business, making it easier to sell as a whole.
Contact Woloshen & Herman CPA today at 212-843-3486 for all of your small business accounting and tax services needs.

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