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Hey, I live in Durham and I'm incorporated as an S-Corp, which can have some advantages (just don't let tptacek hear you talking about them). I'm friends with your boss at TransLoc too. It would be nice to meet up sometime and talk shop. joshua.pearce at that google mail service.

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There's nothing wrong with S-Corps! They're superior in a lot of ways to LLC's. The only things I get ranty about are: (1) not incorporating at all, and (2) using S-Corps to dodge FICA taxes.

I ran two S-Corps for web hosting/design over a 12yr period (in MO and DE), mostly a one man operation with occasional outsourcing. I had the opinions of a couple of accountants and a lawyer and a short class from the local community college sponsored by the SBA before I got things rolling. Their are tax advantages, and you retain a bit of the "corporate veil", but I was fortunate enough never to get sued. Get good advice first.

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