Corporate Attorneys Cody WY

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 Cody, WY that can help answer your questions about Corporate Attorneys.

Alan K. Simpson
(307) 587-1091
1135 14th Street, P.O. Box 490
Cody, WY
Specialties
Corporate, Government
Education
University of Wyoming College of Law,University of Wyoming
State Licensing
Wyoming

Charles G. Kepler
(307) 527-7896
1135 14th Street, P.O. Box 490
Cody, WY
Specialties
Litigation, Estate Planning, Business, Tax, Oil & Gas
Education
University of Michigan Law School,University of Wyoming College of Law,University of Wyoming
State Licensing
Wyoming

Alex Hellmuth Sitz III
(307) 587-1300
1513 Beck Avenue, P.O. Box 3129
Cody, WY
Specialties
Personal Injury, Wrongful Death, Litigation, Insurance, Business
Education
University of Wyoming College of Law,Indiana State University
State Licensing
Wyoming

Jody Montgomery Vannoy
(307) 587-3959
1638 Alger Avenue, P.O. Box 3220
Cody, WY
 
Matthew D. Winslow
(307) 587-0300
1128 12th Street, Suite B
Cody, WY
 
Michael Anthony Labazzo
(307) 587-6115
1285 SHERIDAN AVE. SUITE 220 PO BOX 2016
CODY, WY
Specialties
Business, Car Accident, Commercial, Contracts, Corporate, Employment, Personal Injury, Sexual Harassment, Wrongful Termination
Education
California Western SOL,Univ of North Carolina
State Licensing
California, Wyoming

Colin MacKenzie Simpson
(307) 527-7891
1135 14th Street, P.O. Box 490
Cody, WY
Specialties
Personal Injury, Government, Business, Contracts, Estate Planning
Education
University of Wyoming College of Law,University of Wyoming
State Licensing
Wyoming

Chris Dull Edwards
(307) 527-7891
1135 14th Street, P.O. Box 490
Cody, WY
Specialties
Estate Planning, Business, Employment, Contracts, Litigation
Education
University of Wyoming College of Law,University of Wyoming,University of Wyoming
State Licensing
Wyoming

Bradley D. Bonner
(307) 587-0300
1128 12th Street, Suite B
Cody, WY
 
Chris D. Edwards
(307) 527-7891
1135 14th Street, P.O. Box 490
Cody, WY
 

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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