Corporate Attorneys Clifton Park NY

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 Clifton Park, NY that can help answer your questions about Corporate Attorneys.

Robert Owen Wilhelm
Park Nine Plaza
Clifton Park, NY
Specialties
Commercial, Business, Insurance, Transportation
Education
Albany Law School of Union University,Union College, Schenectady, New York
State Licensing
New York

Richard A. Langer
1532 ROUTE 9
CLIFTON PARK, NY
Specialties
Business, Corporate, Financial Markets And Services, Venture Capital, Equipment Finance
Education
Albany Law School of Union University,New York University School of Law,University of Rochester
State Licensing
New York

David Raymond Juneau
(518) 447-3352
1532 ROUTE 9
CLIFTON PARK, NY
Specialties
Real Estate, Residential, Commercial
Education
lbany Law School,New Hampshire College
State Licensing
New York

Harry Post Meislahn
(518) 447-3364
1532 ROUTE 9
CLIFTON PARK, NY
Specialties
Business, Estate Planning, Administrative Law
Education
Cornell Law School,Princeton University
State Licensing
New York

Emily M. Beck
(410) 865-5438
636 PLANK RD STE 107
CLIFTON PARK, NY
Specialties
Banking, Construction, Debt Agreements, Business
Education
American University, Washington College of Law, Washington, D.C.,University of Virginia McIntire Bus
State Licensing
New York

Jacob Fremont Lamme
(518) 447-3348
1532 ROUTE 9
CLIFTON PARK, NY
Specialties
Constitutional, Media, Commercial, Environmental, Land Use & Zoning
Education
Albany Law School of Union University,University at Albany
State Licensing
New York

Scott M. Ronda
(518) 373-1500
514 VISCHER FERRY RD
CLIFTON PARK, NY
Specialties
Alimony, Child Support, Debt Collection, Commercial, Litigation
Education
Touro College Jacob D. Fuchsberg Law Center, Huntington, New York,State University of New York at Pl
State Licensing
New York

Julie Michaels Keegan
(518) 877-4040
18 Coventry Dr
Clifton Park, NY
Specialties
Education, Civil Rights, Commercial
State Licensing
New York

Scott A. Barbour
(518) 447-3313
1532 ROUTE 9
CLIFTON PARK, NY
Specialties
Corporate, Commercial, Transportation, Defective & Dangerous Products, Contracts
Education
Syracuse University College of Law,S.I. Newhouse School of Public Communication of Syracuse Universi
State Licensing
New York

Paul Martin Malecki
(518) 373-1500
514 VISCHER FERRY RD
CLIFTON PARK, NY
Specialties
Administrative Law, Employee Benefits, Education, Commercial, Bankruptcy
Education
Albany Law School of Union University,Syracuse University, Syracuse, New York, U.S.A,Syracuse Univer
State Licensing
New York

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...

Click here to read the rest of this article from GlobalBx