To Incorporate or not.....

nuvision · #1 (**permalink**) 09-30-2008, 05:09 PM

I am a disabled veteran being considered for rating that says I can't hold any type of employment. I want to keep my present employment, but will lose my disability if I file taxes with this income. I was told to form a corp. and run my income through it, and to open an online bank acct.(don't know why)....could someone give me a good online service without lots of restrictions.

I have not received the disability rating as of yet, but want to be prepared.

thanks

**Uptownbulker** · #2 (**permalink**) 10-01-2008, 01:31 AM

Quote:

Originally Posted by nuvision

I am a disabled veteran being considered for rating that says I can't hold any type of employment. I want to keep my present employment, but will lose my disability if I file taxes with this income. I was told to form a corp. and run my income through it, and to open an online bank acct.(don't know why)....could someone give me a good online service without lots of restrictions.

I have not received the disability rating as of yet, but want to be prepared.

thanks

Hit me up.

One of my guys is a disabled vet and knows the system.

Uptown.

**Michel** · #3 (**permalink**) 10-01-2008, 01:34 AM

Great reply Uptown!

Nice to see people still care............

nuvision · #4 (**permalink**) 10-02-2008, 07:19 PM

Thx Uptown for your quick response!

**BlackSmack** · #5 (**permalink**) 10-02-2008, 07:21 PM

Would this also work for people on SS?

**Uptownbulker** · #6 (**permalink**) 10-03-2008, 04:58 AM

Quote:

Originally Posted by BlackSmack

Would this also work for people on SS?

Yes it sure would!

You need to take certain precautions but those are easy to handle.