Corporate Attorneys Brookline MA

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 Brookline, MA that can help answer your questions about Corporate Attorneys.

Lisa Smyth
(617) 608-0023
1170 BEACON ST STE 200
BROOKLINE, MA
Specialties
Business, Litigation, Civil Rights
State Licensing
Massachusetts

John Monterisi Jr
(617) 739-4224
258 HARVARD ST # 331
BROOKLINE, MA
Specialties
Commercial, Litigation
State Licensing
Massachusetts

Bradley Honoroff
(617) 277-9232
3 HARVARD AVE STE 3
BROOKLINE, MA
Specialties
Family, Mediation, Environmental, Commercial, Employment
Education
Harvard University Law School
State Licensing
Massachusetts

Heather Anne Phipps
(617) 277-7887
1583 BEACON ST
BROOKLINE, MA
Specialties
Real Estate, Commercial, Residential, Debt Agreements, Contracts
State Licensing
Massachusetts

Kathleen M Guilfoyle
(617) 241-3000
1 CONSTITUTION PLZ
BOSTON, MA
Specialties
Environmental, Commercial, Aviation
Education
Northeastern University School of Law,Harvard University
State Licensing
Massachusetts, Rhode Island

Steven Kim
(617) 879-9979
420 HARVARD ST STE 1B
BROOKLINE, MA
Specialties
Business, Criminal Defense, Litigation, Real Estate
Education
Boston College Law School,Boston College,Boston College
State Licensing
Massachusetts

Alan B Sharaf
(617) 277-7887
1583 BEACON ST
BROOKLINE, MA
Specialties
Commercial, Real Estate, Residential, Debt Agreements
Education
Suffolk University Law School
State Licensing
Massachusetts

Brad W Greenberg
1170 BEACON ST STE 200
BROOKLINE, MA
Specialties
Criminal Defense, Business, Civil Rights, Medical Malpractice, Car Accident, Personal Injury, Divorce, Employment, Lawsuits & Disputes
Education
New England School of Law
State Licensing
Massachusetts

Steven S Bloom
(617) 608-0019
1170 BEACON ST STE 200
BROOKLINE, MA
Specialties
Personal Injury, Real Estate, Workers Compensation, Business, Litigation
Education
Boston University School of Law,Boston University
State Licensing
Massachusetts

Kurt B Gerstner
(617) 241-3000
1 Constitution Center
Boston, MA
Specialties
Personal Injury, Commercial
Education
Boston College Law School,University of Rochester
State Licensing
DC, Massachusetts

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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