Most Entrepreneurs Should Not Incorporate.

There are great reasons to incorporate: to define the terms of a partnership, and to protect your assets.  If you are going into business yourself, then you should assess the risks of the business you are entering, and whether or not you have assets worth protecting.  Most people just starting their business likely do not have assets to protect yet.  Incorporating your business does nothing to make it more “real” or “legitimate”, and there are absolutely no tax benefits until you are making $250k or more.  I ultimately decided to hold off on incorporating; this video helped make the decision: