Corporate Attorneys Chester VA

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 Chester, VA that can help answer your questions about Corporate Attorneys.

Graham Crawford Daniels
(804) 748-9803
11901 Iron Bridge Road, PO Box 3570
Chester, VA
Specialties
Business, Corporate, Real Estate, Family, Criminal Defense
Education
University of Richmond, The T. C. Williams School of Law,Hampden-Sydney College
State Licensing
Virginia

John Dalton Dutton Jr.
(804) 425-7241
11800 Chester Village Drive, Suite C
Chester, VA
Specialties
Estate Planning, Trusts, Real Estate, Business, Mergers & Acquisitions
Education
University of Virginia School of Law,University of Virginia
State Licensing
Virginia

Thomas Rhys James
(804) 525-1880
7 East Second Street, P.O. Box 2470
Richmond, VA
Specialties
Real Estate, Corporate
Education
College of William and Mary, Marshall-Wythe School of Law,Washington and Lee University
State Licensing
Virginia

Pamela Catania
(804) 916-9168
7 East Second Street, P.O. Box 2470
Richmond, VA
Specialties
Corporate, Securities Offerings, Venture Capital, Mergers & Acquisitions
Education
George Mason University School of Law,George Mason University,George Washington University
State Licensing
Virginia

Robert Martin Rolfe
(804) 788-8466
951 East Byrd Street
Richmond, VA
Specialties
Litigation, Government Contracts, Commercial
State Licensing
Virginia

Rudolph Glen Morgan
(804) 748-9803
11901 Iron Bridge Rd, PO Box 3570
Chester, VA
Specialties
Business, Construction, Family, Real Estate
Education
University of Richmond, The T. C. Williams School of Law,Randolph-Macon College
State Licensing
Virginia

Maura L. Scott
(804) 484-8453
615 Maury St
Richmond, VA
Specialties
Corporate, Litigation
State Licensing
Washington

Thomas William Bruno
(804) 525-1894
7 East Second Street, P.O. Box 2470
Richmond, VA
Specialties
Real Estate, Business
Education
College of William and Mary, Marshall-Wythe School of Law,Johns Hopkins University
State Licensing
Virginia

Sheila Catherine Marsh
(804) 751-0257
11341 Avocet Dr
Chesterfield, VA
Specialties
Business
State Licensing
Virginia

Eric John Nedell
(804) 787-8078
Riverfront Plaza East Tower, 951 East Byrd Street
Richmond, VA
Specialties
Real Estate, Business, Transportation
State Licensing
Virginia

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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