Corporate Attorneys Akron OH

This page provides relevant content and local businesses that can help with your search for information on Corporate Attorneys. You will find informative articles about Corporate Attorneys, including "Costs And Benefits Of Incorporating Your Business". Below you will also find local businesses that may provide the products or services you are looking for. Please scroll down to find the local resources in Akron, OH that can help answer your questions about Corporate Attorneys.

Brian Lee Coffman
159 S. MAIN STREET 159 S MAIN ST STE 423
AKRON, OH
Specialties
Criminal Defense, DUI, Divorce, Business, Litigation
Education
University of Akron
State Licensing
Ohio

Richard William Burke
(330) 374-5255
75 E. Market St.
Akron, OH
Specialties
Estate Planning, Business
Education
University of Akron
State Licensing
Ohio

Stephen Joseph Pruneski
(330) 434-3000
1500 One Cascade Plaza
Akron, OH
Specialties
Land Use & Zoning, Litigation, Commercial
Education
University of Akron
State Licensing
Ohio

Michael Stefan Urban
(330) 762-2411
159 South Main Street, Suite 1100, Key Building
Akron, OH
Specialties
Business, Employment
Education
Ohio State University
State Licensing
Ohio

Michael Byron Bowler
(330) 253-3337
19 N High Street
Akron, OH
Specialties
Business, Family, Criminal Defense
Education
University of Akron
State Licensing
Ohio

Jonathan Paul Blakely
(330) 434-1000
23 S MAIN ST NANTUCKET BLDG
AKRON, OH
Specialties
Commercial, Real Estate, Business, Bankruptcy
Education
Case Western Reserve School of Law,Ohio Wesleyan University
State Licensing
Ohio

John Joseph Guy
(330) 535-2151
106 S MAIN ST STE 2210
AKRON, OH
Specialties
Chapter 11, Chapter 7, Business
Education
Kent State University,University of Akron
State Licensing
Ohio

John Michael Dohner
(330) 376-6300
407 Quaker Square, 120 East Mill Street
Akron, OH
Specialties
Adoption, Divorce, Child Custody, Child Support, Business
Education
University of Akron
State Licensing
Ohio

Terrence Sean Finn
(330) 849-6605
222 South Main Street
Akron, OH
Specialties
Environmental, Business, Real Estate
Education
University of Toledo
State Licensing
Ohio

George W. Moxon
(330) 849-6689
222 South Main Street
Akron, OH
Specialties
Corporate, Business, Intellectual Property
Education
Catholic University of America, School of Law,University of Maryland, College Park
State Licensing
DC, Ohio

Costs And Benefits Of Incorporating Your Business

Long ago, when a person went into business, they risked losing their personal assets if the business failed. Then, along came the corporation, and things started looking up. There are advantages to most types of business structures, but incorporation tends to have the greatest advantages and protections for business owners.

By incorporating your business, you will be gaining protection from personal liability. If a business is incorporated, the corporation is responsible for all debts owed by the business. If the business is sued, the corporation is being sued - not the business owners. The business owners personal assets are protected by the corporation.

One of the most attractive benefits of incorporating is the tax savings. The tax savings you may realize are dependent upon the type of corporation you choose - C Corporation or S Corporation. Income shifting, where income is divided between the corporation and its shareholders in a manner that lowers taxes for both the shareholders and the corporation, is one of the potential tax advantages. Favorable tax treatment of fringe benefits is also possible, which allows incorporated businesses to deduct up to 100% of insurance premiums with the proper insurance plan.

There are also no limits or restrictions on the amount of capital losses that a corporation may carry back or forward to subsequent tax years. Further more, individuals may be able to realize tax savings by leasing their personally owned property, such as real estate or automobiles to the corporation. A business owner can also save money in self employment taxes. A business owner who does not incorporate his business (sole proprietorship) must pay self employment taxes on all profits, however, if the business is incorporated, the business owner will only owe self employment taxes on the amount that was actually paid to him, in the form of a salary. A tax professional will help you determine which type of corporation will give you the greatest benefits.

Ownership of a corporation is easily transferable is you decide to retire or get out of the business. Stock is simply transferred to other stock owners, heirs, or back to the corporation. A corporations life is not dependent upon the life of it's members. When a member dies or sells out, the corporation continues to exist and do business.

If your business is incorporated, operating capital can be raised more easily, by selling stock, and investors are e...

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Ohio Antitrust Laws

Antitrust Code Section: 1331:01, et seq.

Time Limit to Bring Claim: 4 yrs., 1331.12(B)

Is a Private Lawsuit Possible? Yes; attorney general power to enforce

Can a Successful Plaintiff Recover Attorneys' Fees? No

From www.findlaw.com