VistaPrint offers a design wizard that lets you customize your new address labels or you can upload your own design and also utilize any of the design templates available on their site to make exactly what you want. VistaPrint not only offers many options for customizing your product but you can select from many different items for your business including business cards, sticky notes, stationary, envelopes, postcards, checks, pens and much more.

I have received great service and product from VistaPrint, especially their personalized rubber self-inking stamps and glossy business cards. Be sure to take advantage of the one-time special offers they will make available when you go through the checkout process.

VistaPrint makes their website easy to navigate and find exactly what you’re looking for and you will no doubt come across things you want or need but didn’t think about when you start your order. VistaPrint offers a low price guarantee on many of their items and ships order promptly by USPS, UPS and DHL. And, of course, every order is protected by a 30-day 100% satisfaction guarantee.

Wealth can include brokerage accounts, boats, RV’s, automobiles, real estate, businesses, intellectual property, jewelry and more. Without proper domestic and/or offshore asset protection, you risk losing everything you have worked your entire life for, in one fell swoop.

Some popular offshore tax haven include Monaco, The Bahamas, Cayman Islands, Macau and others.

Rubinstein and Rubinstein, LLP are attorneys that specialize in preserving and protecting your wealth and assets. They represent high net worth individuals such as, professional athletes, business executives, securities brokers, entertainers, physicians and entrepreneurs.

Rubinstein litigates in U.S. Federal Court, U.S. Tax Court, and New York State Court. As recently as March 2008, the firm won a landmark case against the New York City Tax Department. The case centered around the Real Property Transfer Tax assessed wrongfully by New York City.

Formed in 1991 as a boutique law firm, Rubinstein can help with all of your wealth protection needs and has experience with litigation as well as defense and would be happy to hear from you at (212) 888-6600.

The LLC:

The LLC provides “pass-through” taxation to the owner’s (member’s) personal income tax returns. This is the newest form of corporation that was established about 20 years ago and is available in all 50 states. The LLC is simplified and is based upon an “Operating Agreement” that is the foundation of how all business decisions are made. This is the form of business entity I use for my single location pizzeria that I own and operate in Holland, Michigan.

PROS: Provides the liability protection of a corporation without the corporate formalities (Board meetings, Shareholder meetings, minutes, etc.) and extra levels of management (Shareholders, Directors, Officers). Taxed the same as a sole proprietorship (1 Member LLC) or partnership (2 or more Members).

CONS: Usually more expensive to form than a DBA, requires more paperwork and formal behavior.

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[tags]incorporate, c corp, s corp, llc, dba, business, owner, shareholder, liability, entity, limited liability, sole proprietor, partnership[/tags]

The S-Corporation:

The S-Corp is an optional election a C-Corp may make upon incorporation that changes the rules under which it must operate when dealing with the Internal Revenue Service. When the filing is completed with the IRS, the S-Corp is now taxes as if it were a sole proprietorship or partnership by passing any income or loss through to the shareholder’s individual income taxes. An S-Corporation can fairly easily revert back to C-Corporation status.

PROS: Prestige of the corporation without the double taxation. Ideal for “1 person corporations”.

CONS: More expensive to setup than a DBA; more paperwork and formality required than an LLC (holding Shareholder/Board meetings, keeping minutes and resolutions).

The Lowdown: Though taxed in a similar manner to LLC’s, still requires the corporate formalities of a regular corporation (holding Board meetings, keeping minutes and resolutions).

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[tags]incorporate, c corp, s corp, llc, dba, business, owner, shareholder, liability, entity, limited liability, sole proprietor, partnership[/tags]

C-Corporation:

A C-Corporation is a separate legal entity which can enter into contracts, buy real estate and other assets, sue and be sued. Shareholders in a c-corporation own shares of stock and the company can easily raise funds by issuing new shares of stock. Taxes are filed by the corporation and are completely separate from that of the owners/shareholders.

1. Shareholders own the stock of the corporation.
2. Shareholders elect Directors (known as the “Board of Directors”).
3. Directors appoint Officers (President, Secretary, Treasurer, etc.).
4. Officers run the company (day-to-day operations).

There are many record-keeping requirements with operating a c-corporation, such as holding an annual meeting of shareholders, keeping written minutes of all meetings, etc.

PROS: The oldest, most successful and most prestigious type of business entity; provides personal liability protection; conveys permanence, can reduce taxes (lower tax rate on retained profits, items like healthcare, travel and entertainment are deductible).

CONS: More expensive to set up than a sole proprietorship or partnership; more paperwork and formality required than an LLC (holding Shareholder/Board meetings, keeping minutes and resolutions).

The Lowdown: Though more complicated to run and manage than the LLC, the Corporation is still the oldest and most prestigious form of entity. C Corporations are taxed at a lower rate on profits and are able to deduct items like healthcare, travel, entertainment, etc. that LLC’s and S Corporations cannot. More complicated tax and management issues than an “S Corporation”.

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[tags]incorporate, c corp, s corp, llc, dba, business, owner, shareholder, liability, entity, limited liability, sole proprietor, partnership[/tags]

Their vast knowledge base with important topics regarding business formation and operation was a very useful area I utilized while exploring the different business entities available to register as. MyNewCompany doesn’t stop at providing the initial incorporation services, but they offer many articles on business management and long-term planning that many other incorporators overlook. Bottom line, MyNewCompany wants your continued business for life, not just one single transaction in the formative stage.

[tags]incorporate, my new company, blue horseshoe, business, formation, start-up, inc, llc, s corp, c corp, incorporation service, shaun carter[/tags]

I chose the name Blue Horseshoe from the reference “Blue Horseshoe loves Anacot Steel” from the movie Wall Street starring Charlie Sheen and Michael Douglas. My fascination with Wall Street paid off in providing a largely unused name to operate under and one that has some meaning to it. It’s interesting to look at some of the corporate names out there that had a very limited or unknown meaning before becoming famous, such as Google, Microsoft (combining “Micro computer software”), Pepsi, and others that created brand recognition from thin air.

I will be chronicling the process I followed in setting up my corporation to provide a reference for others wishing to incorporate for themselves as well.

[tags]incorporate, corporation, inc, google, microsoft, pepsi, subchapter s, business, liability, internet, wall street, charlie sheen, michael douglas, michigan, do it yourself[/tags]