4 Important Reasons For Artists To Form S Corporations
When you set up your art business, you want to create a long-lasting enterprise that protects your interests while also fulfilling your artistic needs. And one of the first decisions you'll have to make is what type of business entity you want to form.
For many artists, incorporating under Subchapter S of the Internal Revenue Code is the right choice for a variety of reasons. If you think that forming an S Corporation is a bit of overkill for your small art endeavors, here are a few reasons why it's not.