Corporate Attorneys Brandon MS

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 Brandon, MS that can help answer your questions about Corporate Attorneys.

Mitchell Harry Tyner
(601) 957-1113
5750 I-55 N
Jackson, MS
Specialties
Intellectual Property, Business, Insurance, Personal Injury, Real Estate, Litigation
Education
Tulane University
State Licensing
Texas

Daniel L Singletary
(601) 351-2467
Caldwell & Berkowitz Pc, 4268 I 55 North
Jackson, MS
Specialties
Environmental, Real Estate, Business
State Licensing
DC

Walker William Jones III
(601) 351-2413
4268 I 55 N
JACKSON, MS
Specialties
Health Care, Business, Litigation
Education
UNIV MISSISSIPPI
State Licensing
Tennessee

Heather Farris Bennett
(601) 351-2089
500 Greymont, Avenue, Suite A
Jackson, MS
Specialties
Business
Education
Emory University
State Licensing
Texas

John Thomas Rouse
(504) 586-1200
200 S LAMAR ST CITY CENTRE BLDG
JACKSON, MS
Specialties
Litigation, Class Action, Commercial
Education
MISSISSIPPI COLLEGE
State Licensing
Tennessee

J. Randall Patterson
(601) 351-2454
P. O. Box 14167
Jackson, MS
Specialties
Employment, Business, Sexual Harassment
State Licensing
North Carolina

Michael Thomas Dawkins
(601) 351-2428
4268 I 55 N
Jackson, MS
Specialties
Tax Fraud, Business, Environmental
Education
UNIV ALABAMA
State Licensing
Tennessee

James D Holland
(601) 420-0333
P O Box 1163, P O Box 1163
Jackson, MS
Specialties
Litigation, Business
Education
University of Mississippi School of Law,Millsaps College
State Licensing
Mississippi

Douglas Cole Noble
(601) 360-9753
111 E CAPITOL ST 111 BUILDING
JACKSON, MS
Specialties
Chapter 11, Commercial, Litigation
Education
UNIV MISSISSIPPI
State Licensing
Tennessee

Ashley Nicole Wicks
Watkins Ludlam Winter & Stennis, P.A., P.O Box 427
Jackson, MS
Specialties
Tax, Business, Litigation
Education
Tulane University
State Licensing
Texas

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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