Corporate Attorneys Boone NC

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 Boone, NC that can help answer your questions about Corporate Attorneys.

Chelsea Bell Garrett
(828) 264-6126
642 W KING ST
BOONE, NC
Specialties
Real Estate, Business, Estate Planning, Litigation
Education
Wake Forest University School of Law,University of North Carolina, Wilmington
State Licensing
North Carolina

Stacy Clyde Eggers IV
PO Box 248
Boone, NC
Specialties
Social Security, Business, Litigation, General Practice
Education
Campbell University, Norman Adrian Wiggins School of Law
State Licensing
North Carolina

Andrea N. Capua
(828) 264-6126
642 W KING ST
BOONE, NC
Specialties
Real Estate, Estate Planning, Family, Mediation, Business
Education
South Texas College of Law,Florida International University
State Licensing
North Carolina

Jonathan C. Jordan
(336) 846-1657
P. O. BOX 744 401 E MAIN ST STE 2
JEFFERSON, NC
Specialties
Real Estate, Business, Contracts, Corporate, State, Local And Municipal Law
Education
University of North Carolina School of Law,University of North Carolina, Chapel Hill,Vanderbilt Univ
State Licensing
North Carolina

David W. Yates
(828) 264-5900
136 North Water Street
Boone, NC
 
Andrea Lynn Capua
(828) 264-6126
Po Box 193
Boone, NC
Specialties
Family, Business, Estate Planning
Education
South Texas College of Law
State Licensing
Florida

Paul Augustus Capua
(828) 264-0260
The Green House, 164 S. Depot St
Boone, NC
Specialties
Employment, Commercial, Construction, International Law
Education
South Texas College of Law,Florida State University
State Licensing
Florida, North Carolina

David J. Turlington III
(828) 263-8860
890 West King Street, P. O. Box 140
Boone, NC
Specialties
Business, Family, Construction
State Licensing
North Carolina

Charles E. Clement
(828) 264-6411
756 West King Street, Drawer 32
Boone, NC
 
Stacy C. Eggers Jr.
(828) 264-3601
737 West King Street, P.O. Box 248
Boone, NC
 

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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North Carolina Antitrust Laws

Antitrust Code Section: 75-1, et seq.

Time Limit to Bring Claim: 4 yrs.

Is a Private Lawsuit Possible? Yes

Can a Successful Plaintiff Recover Attorneys' Fees? Yes

From www.findlaw.com