Affiliate Marketing Tycoon

**AFFILIATE DUDE** · 09-28-2007, 04:34 PM

Ok, well I started a few months ago with Affiliate Marketing and know I'm making pretty good income. This is where i have a question. Those of you who make serious money from Affiliate Marketing, did you guys make a corporation?

**clslaw** · 09-30-2007, 03:18 PM

A corporation is certainly a consideration for any business of material size. Establishing a corporation involves some upfront costs and you will be need to maintain the corporate structure over time. There are alternatives to a corporation, of course.

The first step is to sit down and make a list of those reasons why you think you should set up a corporation. What is it that you are trying to achieve by incorporating? Next, sit down with a CPA or attorney and discuss those reasons with them and ask them whether there are other alternatives that they might suggest you consider.

Congratulations on your success.

**xboxundone** · 10-03-2007, 12:29 PM

Quote:

Originally Posted by AFFILIATE DUDE

Ok, well I started a few months ago with Affiliate Marketing and know I'm making pretty good income. This is where i have a question. Those of you who make serious money from Affiliate Marketing, did you guys make a corporation?

Yes you should form some sort of corporation if nothing else to make a seperation of personal and business, just in case u should ever get sued etc.. you have seperation... Best thing is to consult a CPA/laywer in your local state/county.

**DFreeman** · 10-26-2007, 02:35 PM

I formed a LLC, for the exact reasons xboxundone mentioned. The advantages outweigh any cost for setup.

**TurboTek** · 10-26-2007, 02:40 PM

You should definitely separate your personal assets from the business entity by creating an LLC, Inc, etc.

When I created my LLC in 2003 I used LegalZoom (LegalZoom: Online Legal Document Services: LLC,Divorce,Wills,Incorporation & More). The process went very smoothly.

Like others have said best to consult a professional to see what direction you should go in.

**imported_vincent** · 11-02-2007, 11:31 AM

Yes you should set up some sort of separate business entity for liability purposes and so you can take advantage of tax laws.

The tax laws differ based on the type of business you set up, i.e. LLC, S-corporation, C-corporation. For example, with a LLC or a S-Corporation, the income of your company "passes through" to you personally so your profits are taxed at the personal income tax rate of 28% or more.

With a C-corporation, the first $50k of earnings are taxed at 15%.