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

Ryan Scott Evans
(617) 383-1280
294 Meridian Street, Suite 201
East Boston, MA
Specialties
Business, Corporate
State Licensing
Massachusetts

Jay Michael Pabian
(617) 951-3100
265 Franklin Street, Sixth Floor
Boston, MA
Specialties
Business, Estate Planning, Tax
State Licensing
Massachusetts

James Michael Dunphy
(617) 426-3900
200 PORTLAND ST STE 400
BOSTON, MA
Specialties
Business, Insurance
Education
New England School of Law,Villanova University
State Licensing
Massachusetts

Robert P Joy
(617) 788-5007
200 State Street
Boston, MA
Specialties
Employment, Business, Litigation
State Licensing
Massachusetts

David H Sempert
(617) 482-8100
75 Federal St
Boston, MA
Specialties
Litigation, Commercial, Appeals
State Licensing
Massachusetts

Timothy Haas
(617) 722-8100
1 Lewis Wharf
Boston, MA
Specialties
Real Estate, Commercial, Licensing
State Licensing
Massachusetts

Ettore A Santucci
(617) 570-1531
Exchange Place
Boston, MA
Specialties
Securities Offerings, Real Estate, Business
State Licensing
Massachusetts

Abbott L Reichlin
(617) 227-7031
1 BOWDOIN SQ
BOSTON, MA
Specialties
Real Estate, Tax, Business
Education
Boston University School of Law,Harvard University Law School,Cornell University
State Licensing
Massachusetts

Jennifer Kate Santos
(617) 951-7190
One International Place
Boston, MA
Specialties
Corporate
Education
George Washington University National Law Center,College of the Holy Cross,George Washington Univers
State Licensing
Massachusetts

Cody Tibbetts
(617) 772-8367
100 FEDERAL ST
BOSTON, MA
Specialties
Corporate
Education
Harvard University,Harvard University
State Licensing
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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