Hi,My name is XXXXX XXXXX X'X be happy to answer your questions today.Yes, you have the ability to incorporate a massage practice. There are many reasons that people choose to become a S-Corp or an LLC. If all people working for you will be licensed massage therapists, you could also consider a professional services corporation.A business is liable for negligent acts of employees. In a sole proprietorship, you are legally responsible for all debts of the business, including any judgments or settlements should anything go wrong - not just with employees, but if someone falls on the premises, if a dispute arises with an employee, etc. With an LLC or S-Corporation, you are not liable personally for any debts of the company. Similarly, business assets could not be taken to pay your personal debts, if anything should happen. That is why many people choose to incorporate. There can also be tax benefits, depending on your specific situation. This article gives a good overview of the differences and can help you determine which is better for your personal situation.http://www.sba.gov/community/blogs/community-blogs/business-law-advisor/should-my-company-be-llc-s-corp-or-bothTo maintain the protections of having an LLC or S-Corp., it is important to remember that the business is a separate legal entity. That means that you must keep separate bank accounts for your money and the business' money. The business accounts are only used for business needs (and are used for all business needs). There should be records kept of everything. It may also be necessary to hold board meetings and keep minutes where business is discussed - even if you are the only board member. If you have any questions or concerns about what I've written, please reply so that I may address them. It's important to me that you are 100% satisfied with the service I provide. Otherwise, please rate my service positively so that I get credit for answering your question. Thank you.
Need clarity: While my license is pending as a massage therapist, can I incorporate as an S-Corporation, hiring contracted massage therapists?
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