I just registered my business with the State of CT through a third party. I got a call recommending that I set up a Corporate Veil. The purpose of the is to make a legal separation between myself and my business. This protects your personal name if you ever get sued, audited or any other issues that come up.
To be honest, I'm skeptical, but I wold like to know if any of you from the States have been audited or run into any legal probems & would recommend I buy this extra insurance.
Actually any comments pro or con would be appreciated.