Corporate Attorneys Auburn AL

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 Auburn, AL that can help answer your questions about Corporate Attorneys.

Robert H. Cochran
(334) 887-0884
730 North Dean Road, Suite 300
Auburn, AL
 
Russell C. Balch
(334) 887-0884
730 North Dean Road, Suite 300
Auburn, AL
 
Paul G. Danaher
(816) 423-8893
#100, 5440 N. Oak Trafficway
Kansas City, AL
Specialties
Business, Wrongful Death, Personal Injury
Education
University of Missouri - Kansas City School of Law,University of Dallas
State Licensing
Missouri

Brad Howell
(205) 352-9764
505 20th Street North, Suite 130-C
Birmingham, AL
Specialties
Criminal Defense, DUI, Business, Estate Planning, Tax
Education
Cumberland School of Law
Samford University
Vanderbilt University
State Licensing
Alabama

Russell Lynn Richardson
(205) 978-1119
524 Lorna Square
Birmingham, AL
Specialties
Business
Education
University of Texas
State Licensing
Texas

Robin Kelley
(334) 887-0884
730 North Dean Road, Suite 300
Auburn, AL
 
James K. Haygood Jr.
(334) 821-3892
611 East Glenn Avenue, P.O. Box 3310
Auburn, AL
 
William Christopher Waller Jr.
(334) 387-7680
2000 Interstate Park Drive, Suite 204
Montgomery, AL
Specialties
Litigation, Business
State Licensing
Alabama

Jeremy Lowery Retherford
(205) 226-3479
1901 6th Ave N Ste 1500
Birmingham, AL
Specialties
Landlord & Tenant, Bankruptcy, Commercial
Education
UNIV MS
State Licensing
Tennessee

Ed Rowan
(800) 785-8755
259 N. Jackson Street
Mobile, AL
Specialties
Personal Injury, Business Law
Secondary Specialties
Paralysis, Medical Products & Devices, Nursing Home Negligence, Dangerous Property, Sexual Assault, Asbestos Mesothelioma, Contract Disputes, Dangerous Drugs & Products, Sports Injuries, Burn Injury, Design Defects, Prescription/Drug Malpractice, Breach of Contract, Motor Vehicle Insurance, Wrongful Death, Commercial Insurance, Bad Faith, Construction Site Injuries, Casualty Insurance, Elder and Nursing Home Abuse, Ships & Boats, Birth Injury, Whiplash, Manufacturing Defects, Identity Theft
Education
Juris Doctor, University of Alabama School of Law, 1997
State Licensing
Alabama and Mississippi

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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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Alabama Antitrust Laws

Antitrust Code Section:

Time Limit to Bring Claim: Not specified

Is a Private Lawsuit Possible? Yes

Can a Successful Plaintiff Recover Attorneys' Fees? No

From www.findlaw.com