If you know what you're doing - then yes - by all means. What you should do is consult a lawyer who speciality is this type of thing. There are different types of corporations ("S" Corp...and so on). There are advantages to each of them...particularily when tax-time rolls around. In some cases you'll end up paying tax twice - tax for the corp and personal income tax. There is also kind of a 'safety net' involved - YOU can't personally get sued - just the corperation - and you can always move money around to various limited partnerships and so on. Like I said - it would be worth your time & money to cough up a few bucks and spend an hour or two with a lawyer. These things can even vary from state to state.

>For most of the past 15 years I've been a self employed consultant working on various programming assignments. I am not incorporated but I am starting to think I should be, especially now that all of my income for 1999 will probably come from only 1 client instead of the usual 3 or 4. The problem, of-course, is that having income from only 1 client may be construed as an employer/employee relationship by the IRS.
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>Should I incorporate or should I ask my client to bring me on as an employee? Are corporate taxes higher than personal taxes? Does incorporating even help at all with this issue?
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>I realize these are questions for a tax accountant but I'm curious as to what other self employed developers know about this.