Corporate Attorneys Brentwood TN

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 Brentwood, TN that can help answer your questions about Corporate Attorneys.

David Sullivan Zinn
(615) 661-5472
109 WESTPARK DR STE 240
BRENTWOOD, TN
Specialties
Business, Litigation, Car Accident, Insurance
Education
Vanderbilt University Law School,West Virginia University
State Licensing
Tennessee

Michael Gibbs Sheppard
(615) 309-1707
1604 Westgate Circle, Suite 1
Brentwood, TN
Specialties
Personal Injury, Medical Malpractice, Workers Compensation, Defective & Dangerous Products, Business
Education
Northern Kentucky University
State Licensing
Ohio, Tennessee

Victoria Lwin Krueger
(615) 776-7450
1085 Wilmington Way
Brentwood, TN
Specialties
Litigation, Business, Real Estate, Employment, Probate
Education
Creighton University
State Licensing
Tennessee, Texas

Michael Allan Colliflower
(615) 309-6702
101 Continental Place
Brentwood, TN
Specialties
Business, Insurance
Education
Wake Forest University
State Licensing
Texas

Michael Allan Colliflower
(615) 309-6702
101 Continental Place
Brentwood, TN
Specialties
Business, Insurance
Education
Wake Forest University
State Licensing
Texas

Kirk C Waite
(615) 377-7744
7100 EXECUTIVE CENTER DR STE 101
BRENTWOOD, TN
Specialties
Estate Planning, Corporate, Contracts, Real Estate, General Practice
Education
Vanderbilt University Law School
State Licensing
Tennessee

David Terence Hooper
(615) 661-5472
109 WESTPARK DR STE 240
BRENTWOOD, TN
Specialties
Workers Compensation, Business, Litigation
Education
Vanderbilt University Law School,Vanderbilt University
State Licensing
Tennessee

Matthew E. Wright
(615) 812-1351
214 CENTERVIEW DR STE 233
BRENTWOOD, TN
Specialties
Personal Injury, Business, Trucking Accident, Medical Malpractice
Education
Vanderbilt University Law School ,Vanderbilt University
State Licensing
Tennessee

Connie Lynn Reguli
(615) 661-0122
1620 WESTGATE CIR STE 150
BRENTWOOD, TN
Specialties
Divorce, Adoption, Child Support, Estate Planning, Probate, Business, Family
Education
Nashville School of Law ,Middle Tennessee State University
State Licensing
Tennessee

Jeffrey Scott Strickland
(615) 309-1707
214 CENTERVIEW DR STE 233
BRENTWOOD, TN
Specialties
Business, Estate Planning, Workers Compensation
Education
Nashville School of Law ,Auburn University at Montgomery ,Auburn University at Montgomery
State Licensing
Tennessee

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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