Corporate Attorneys Ann Arbor MI

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 Ann Arbor, MI that can help answer your questions about Corporate Attorneys.

David H. Lowenschuss
(734) 277-6577
2020 Shadford Rd
Ann Arbor, MI
Specialties
Corporate, Life Science & Biotech, Mergers & Acquisitions, Contracts, Employment
Education
George Washington University National Law Center,University of Michigan,University of Michigan
State Licensing
Michigan

Jose J. Bartolomei
(734) 668-8982
101 N Main St Fl 7
Ann Arbor, MI
Specialties
Business, Real Estate, Bankruptcy
State Licensing
Michigan

Michael Schroer
(734) 769-7565
300 N 5th Ave Ste 220
Ann Arbor, MI
Specialties
Business, Estate Planning, Probate, Divorce, Real Estate
Education
Ohio Northern University - Claude W. Pettit College of Law,Ohio State University
State Licensing
Michigan

Thomas D. Hammerschmidt Jr.
301 E LIBERTY ST STE 500
ANN ARBOR, MI
Specialties
Tax, Corporate, International Law, Estate Planning, Trusts
Education
Eastern Michigan University,Wayne State University School of
State Licensing
Michigan

Suzanne Larimore Wahl
(734) 668-8938
101 N Main St Fl 7
Ann Arbor, MI
Specialties
Antitrust, Litigation, Commercial
State Licensing
Michigan

Paul R. Dimond
(734) 668-7632
101 N Main St Fl 7
Ann Arbor, MI
Specialties
Real Estate, Land Use & Zoning, Commercial
State Licensing
Michigan

Sonal Hope Mithani
(734) 668-7786
101 N Main St Fl 7
Ann Arbor, MI
Specialties
Litigation, Health Care, Commercial
State Licensing
Michigan

Matthew B. Woodworth
(248) 723-0454
101 N MAIN ST ONE NORTH MAIN
ANN ARBOR, MI
Specialties
Commercial, Construction, Land Use & Zoning, Debt Collection, Business
Education
Wayne State University Law School,University of Michigan
State Licensing
Michigan

Joseph W Kimmell II
(248) 355-3200
350 S Main Street, Suite 300
Ann Arbor, MI
Specialties
Tax, Intellectual Property, Commercial
State Licensing
DC

Audrey Price Dimarzo
(734) 418-4262
130 S 1st St Fl 4
Ann Arbor, MI
Specialties
Venture Capital, Business, Tax
State Licensing
Michigan

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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Michigan Antitrust Laws

Antitrust Code Section: Michigan Antitrust Reform Act: 445.771, et seq.

Time Limit to Bring Claim: 4 yrs.

Is a Private Lawsuit Possible? Yes; attorney general also enforces

Can a Successful Plaintiff Recover Attorneys' Fees? Yes

From www.findlaw.com