Corporate Attorneys College Park 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 College Park, MD that can help answer your questions about Corporate Attorneys.

Anthony Hayes Davis II
4920 Niagara Road, Suite 206
College Park, MD
Specialties
Business, Real Estate
State Licensing
Maryland

David Lloyd Dukes
(803) 255-9451
7111 Pony Trail Ct
Hyattsville, MD
Specialties
Business, Litigation, Defective & Dangerous Products
State Licensing
Maryland

Jerry D Miller
(301) 220-2200
6404 IVY LN STE 400
GREENBELT, MD
Specialties
Business, Corporate, Real Estate
Education
Georgetown University Law Center,University of Maryland School of Law,University of Michigan
State Licensing
DC, Maryland

Robb Adam Longman
(301) 220-2200
6404 Ivy Lane, Suite 400
Greenbelt, MD
Specialties
Business, Tax, Corporate
Education
University of Baltimore School of Law,University of Baltimore School of Law,Hofstra University
State Licensing
Maryland

John C Fredrickson
(301) 572-1935
11785 Beltsville Drive Tenth Floor
Calverton, MD
Specialties
Real Estate, Bankruptcy, Business, Personal Injury, Administrative Law
Education
University of Baltimore School of Law,George Washington University
State Licensing
Maryland

Ronald Willoner
(301) 699-1400
4603 CALVERT RD
COLLEGE PARK, MD
Specialties
Estate Planning, Business, Real Estate, Personal Injury, Workers Compensation
Education
George Washington University National Law Center,University of Maryland, College Park
State Licensing
Maryland

Garth Edmond Beall
(301) 441-2420
6411 IVY LN STE 200
GREENBELT, MD
Specialties
Business, Corporate, Franchising, Real Estate
Education
University of Maryland School of Law,Boston College
State Licensing
Maryland

Marilyn J Brasier
(301) 572-3225
11785 BELTSVILLE DR
CALVERTON, MD
Specialties
Business, Tax, Estate Planning
Education
Georgetown University Law Center,Pepperdine University School of Law,University of Utah
State Licensing
California, DC, Maryland, Virginia

Kirstin Anne Gulling
(301) 891-2200
7000 CARROLL AVE STE 200
TAKOMA PARK, MD
Specialties
Adoption, Estate Planning, Business
Education
University of Michigan Law School,University of Notre Dame
State Licensing
DC, Maryland, Minnesota

John Paul Lynch
(301) 441-2420
6411 IVY LN STE 200
GREENBELT, MD
Specialties
Business, Commercial, Real Estate, Construction, Litigation
Education
Widener University School of Law,University of Maryland
State Licensing
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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