When Should a Psychologist Incorporate?
As a psychologist, you are an expert in the realm of the mind, and you understand better than we do how the build-up of stress can affect other areas of a person’s life. We can make an educated guess that you might be stressing about taxes and liability protection, because pretty much every business owner stresses about these things. Incorporating can protect you from liabilities, and potentially reduce your tax burden but it involves a lot of administrative work. The best time for a psychologist to incorporate is at one of three major junctures of the life cycle of your…