Hello Everyone. I have asked this question before in the chats, but never got any response.
I am living in Texas and operating a self-employed business DBA (Musical Services) in addition to working 2 other W-2 Positions (Adjunct Professor at a couple Colleges). I have recently hit a really great stride of work, and my income on the DBA side has increased dramatically. I have been setting aside taxes and paying quarterly under the advice of my accountant, but she recently made reference to thinking about Incorporating.
Here is my question: What is the right amount of revenue to earn before you incorporate? This year, about 27K of my earning(before taxes) will be from DBA work.
Thank you all for your help!
Submitted September 11, 2018 at 11:12AM by mtal1986 https://ift.tt/2x2X1gN
