Should You Incorporate Yourself?
March, 1979
Tax evasion, as every good citizen knows, is a crime. But tax avoidance is legal, and as American as apple pie. Not only has the Supreme Court sanctioned tax avoidance but there's a general consensus that if you don't take advantage of every legal device and loop-hole to lower your tax liability, you're not very bright.One of the best tax-saving devices around is the corporation. A corporation is a legal entity created to carry on a variety of activities in behalf of its shareholders. Because co...