Corporate Attorneys Ames IA

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 Ames, IA that can help answer your questions about Corporate Attorneys.

Stephen J Howell
(515) 232-1761
612 Kellogg Avenue Box 847
Ames, IA
Specialties
Real Estate, General Practice, Estate Planning, Business
Education
Drake University Law School,University of Nebraska, Omaha
State Licensing
Iowa

Brian John Humke
(515) 233-3000
1416 Buckeye Ste 200
Ames, IA
Specialties
Litigation, Family, Personal Injury, Construction, Business
Education
Drake University Law School,University of Northern Iowa
State Licensing
Iowa

James A Brewer
(515) 232-1761
612 Kellogg Avenue Box 847
Ames, IA
Specialties
Litigation, Personal Injury, Business, Ethics, Defective & Dangerous Products
Education
Drake University Law School,Drake University
State Licensing
Iowa

David Wendell Benson
(515) 233-3000
1416 Buckeye Ave
Ames, IA
Specialties
Estate Planning, Trusts, Real Estate, Business
Education
Creighton University School of Law,Iowa State University
State Licensing
Iowa

Kimberly Ann Voss-Orr
(515) 232-1761
612 Kellogg Avenue Box 847
Ames, IA
Specialties
Criminal Defense, Family, Real Estate, Business, Litigation
Education
University of South Dakota School of Law,University of Iowa
State Licensing
Iowa

Craig R. Hastings
(515) 232-2501
409 S. Duff Ave.
Ames, IA
Specialties
General Practice, Estate Planning, Business, Real Estate, Tax
Education
University of Michigan Law School,University of Minnesota, Twin Cities
State Licensing
Iowa

William Tully Talbot
(515) 232-1761
612 Kellogg Avenue Box 847
Ames, IA
Specialties
Family, Criminal Defense, Real Estate, Business, Litigation
Education
Drake University Law School,University of Northern Iowa
State Licensing
Iowa

Victoria Anne Feilmeyer
(515) 956-3915
1416 Buckeye Ave, Ste 200
Ames, IA
Specialties
Tax, Estate Planning, Employee Benefits, Business, Real Estate
Education
University of Iowa College of Law,Iowa State University
State Licensing
Iowa

Lauren Elaine Jacobson
(515) 232-1761
612 Kellogg Avenue Box 847
Ames, IA
Specialties
Real Estate, Business, Family, Estate Planning, Litigation
Education
Drake University Law School,Iowa State University
State Licensing
Iowa

Brian David Torresi
(515) 233-3000
1416 Buckeye Ste 200
Ames, IA
Specialties
Business, Corporate, Financial Markets And Services, Real Estate
Education
Pennsylvania State University, Dickinson School of Law,Iowa State University
State Licensing
Iowa

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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