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The independent contractor as a corporation: Taking advantage of the law

from By Laurence D. Gore

Numerous travel agencies make use of a host agency and, in so doing, become effectively the host's independent contractor. There are many good reasons to also consider use of the corporate structure by the individual agent. In fact, it often makes more sense from a liability standpoint of the independent contractor to exist as a corporation rather than as an individual. In the regretful possibility of a lawsuit against the individual, it is quite possible to expose one's entire assets to a judgment. These scenarios are not that far-fetched. more

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