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

John Paul Davey
(301) 572-7900
11785 BELTSVILLE DR
CALVERTON, MD
Specialties
Business, Administrative Law, State, Local And Municipal Law, Government
Education
American University, Washington College of Law,American University,Kings College
State Licensing
Maryland

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

Sally P McCash
(301) 572-3228
11785 Beltsville Drive, 10th Floor
Calverton, MD
Specialties
Real Estate, Commercial, Residential, Estate Planning, Trusts
Education
University of Maryland,Catholic University of America, Columbus School of Law
State Licensing
DC

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

William Mckay Shipp
(301) 572-3248
11785 BELTSVILLE DR
CALVERTON, MD
Specialties
Business, Land Use & Zoning, Real Estate
Education
George Washington University National Law Center,George Washington University
State Licensing
Maryland

Robert J Kim
(301) 441-2420
Kim, Greenan & Walker Pa, 6411 Ivy Lane
Greenbelt, MD
Specialties
Business, Litigation, Commercial, Administrative Law, Corporate
Education
University of Maryland School of Law,University of Maryland,University of Maryland
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

Timothy P O'brien
(301) 220-2200
6404 Ivy Lane, Suite 400
Greenbelt, MD
Specialties
Estate Planning, Tax, Business
Education
University of Baltimore School of Law,Frostburg State College
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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