I am a self-employed individual. I am a Canadian citizen who is living in the United States. I only pay taxes in Canada, and all the money I earn is online and is transferred to my Canadian bank account.

My question is I am currently making about $100,000 per year (increasing by about $100,000+ each year). I currently pay taxes in Canada as an individual and operate under my own name. My only business expense is the purchase of new domain names and websites costing between $10 - $25,000 each. These same websites and domains are also the source of my income.

My question is would I be better off to continue paying taxes as an individuals or should I think about incorporating. I do not have any partners and if I make $100,000+ this year I will probably re-invest at least 90% of this into the business for new acquisitions. What kind of tax differences would I have if I was to incorporate.

Any help is appreciated. I check the forum daily so please feel free to post here or send me a private message.

I strongly suggest you get professional advice from a tax accountant or tax attorney. In situations like yours, there are always a number of factors that have to be weighed. Your income is substantial and the effects of proper tax planning are also likely to be substantial. Don't rely on general advice from a forum for something so specific.

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David K. Staub, business and tax attorney. LLC information
Forum posts are not legal advice, are for informational and educational purposes only, and are not a substitute for proper consultation with legal counsel.

You could file everything yourself, but when you consider the time needed to file, administer and maintain all the documents necessary to keep your business running legitimately ,the first step is to check with your state's corporate filing office (usually either the Secretary of State or Corporations Commissioner) and federal and state trademark registers to be sure the name you want to use is available.I have also incorporate my business through Click Industries, Ltd.

It's entirely based on probability. Half Life refers to the time that 1/2 of the compound will transmutate into another form, correct. Not every atom is emitting energy at any given time. Let's remember that every 230 odd grams of uranium has 6.33*10^23 atoms. If only a fraction of those are giving off energy, the amount given off is substantial without, at the same time, transmuting much of the sample at all.

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Private Investigators

Good advice from David. You have to reassure to a reliable about your situation. My brother-in-law seek an advice in a lawyer about this case though you're going to spend some money. You can research online advices too with related case.

In situations like yours, there are always a number of factors that have to be weighed. Your income is substantial and the effects of proper tax planning are also likely to be substantial. Don't rely on general advice from a forum for something so specific.

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You should consult a tax lawyer or a corporate lawyer regarding your matter they might help you in your business

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