Corporate Attorneys Chevy Chase MD

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 Chevy Chase, MD that can help answer your questions about Corporate Attorneys.

Marianne Renjilian Loman
(301) 652-6880
8401 Connecticut Ave. Suite 1100
Chevy Chase, MD
Specialties
Estate Planning, Business, Employment
Education
George Washington University,University of Maryland,Catholic University of America, Columbus School
State Licensing
Maryland

Vincent Cornelius Burke III
(301) 652-6880
8401 CONNECTICUT AVE STE 1100
CHEVY CHASE, MD
Specialties
Business, Commercial, Employment, Education
Education
College of the Holy Cross,Catholic University of America, Columbus School of Law
State Licensing
Maryland

Charles Shepherdson Abell
(301) 652-6880
8401 Connecticut Ave. Suite 1100
Chevy Chase, MD
Specialties
Estate Planning, Tax, Corporate
Education
University of Virginia School of Law,Princeton University
State Licensing
Maryland

Philip Lyne O'donoghue
(301) 652-6880
8401 Connecticut Ave. Suite 1100
Chevy Chase, MD
Specialties
Estate Planning, Tax, Business
Education
Georgetown University Law Center,University of Notre Dame
State Licensing
Maryland

Sherri M Stahl
(301) 951-0240
5530 WISCONSIN AVE STE 801
CHEVY CHASE, MD
Specialties
Estate Planning, Real Estate, Prenuptials, Business, Trusts
Education
American University, Washington College of Law,Georgetown University,University of Pittsburgh
State Licensing
Maryland

Kyle James Fiet
(202) 736-8446
5801 Deal Place
Bethesda, MD
Specialties
Appeals, Litigation, Commercial
State Licensing
North Carolina

Devin J Doolan
(301) 652-6880
8401 Connecticut Ave. Suite 1100
Chevy Chase, MD
Specialties
Administrative Law, Business, Land Use & Zoning
Education
Fairfield University,Catholic University of America, Columbus School of Law
State Licensing
Maryland

James J Gross
(301) 907-4580
4601 WILLARD AVE
CHEVY CHASE, MD
Specialties
Business, Divorce
Education
Georgetown University Law Center,University of Missouri - Columbia School of Law,University of Misso
State Licensing
DC, Maryland

Michael F x Dolan JR
(301) 652-6880
8401 Connecticut Ave. Suite 1100
Chevy Chase, MD
Specialties
Employment, Business, Litigation
Education
United States Naval Academy,Catholic University of America, Columbus School of Law
State Licensing
Maryland

Robert E Grant
(301) 652-6880
8401 CONNECTICUT AVE STE 1100
CHEVY CHASE, MD
Specialties
Litigation, Business
Education
Washington and Lee University School of Law,Johns Hopkins University
State Licensing
DC, Maryland

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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