Some Ideas to Consider C-Incorporation What is an Incorporation? Articles of Incorporation Double Tax S-Corp (Sub Chapter S Corporation) What is a S-Corp? Articles of Incorporation Eliminate Double Tax Losses Passed Limited Liability Company (LLC) What is a Limited Liability Company (LLC)? Articles of Organization Pass Through for a LLC Losses can be Passed like a S-Corp Limited Liability Partnerships (LLP) What is a Limited Liability Partnerships (LLP)? Articles of Organization Losses can be Passed like a S-Corp Non-Profit Incorporation What is a Non-Profit Incorporation? Articles of Incorporation With 501,c.3 status, you can collect tax deductible donations You CAN make Money. Remember the CEO of United Way was making $300k/yr.