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

James Charles Strouse
(410) 730-7600
Strouse Legal Services, 5041 Twin Knolls Rd Ste 7
Columbia, MD
Specialties
Education, Business, Family
State Licensing
Maryland, Pennsylvania

Charles A Reese
(410) 740-4600
10715 CHARTER DR STE 200
COLUMBIA, MD
Specialties
Lawsuits & Disputes, Government, Real Estate, Personal Injury, Business
Education
Georgetown University Law Center,Georgetown University Law Center,Loyola College
State Licensing
Maryland

Charles Thomas Bartunek
(410) 964-9553
10420 Little Patuxent Parkway, Ste 405
Columbia, MD
Specialties
Trademark Infringement, Copyright Infringement, Licensing, Intellectual Property, Corporate
Education
University of Baltimore School of Law,Indiana University
State Licensing
Maryland

Edmund D. Graff
(703) 489-0040
9770 Patuxent Woods Drive
Columbia, MD
Specialties
Business, Social Security
Education
University of Virginia
State Licensing
DC, Texas

Neil Richard Lebowitz
(410) 730-9010
10320 LITTLE PATUXENT PKWY
COLUMBIA, MD
Specialties
Employment, Personal Injury, Business, Lawsuits & Disputes
Education
University of Maryland School of Law,University of Maryland, College Park
State Licensing
Maryland

Robert Dennis Earle
(410) 884-0700
10500 Little Patuxent Parkway, Suite 750
Columbia, MD
Specialties
Bankruptcy, Business
Education
University of Baltimore School of Law,University of Maryland,University of Maryland
State Licensing
Maryland

Jeremy Alexander Goldman
(410) 300-1749
JAG Legal Services, 8775 Centre Park Drive #763
Columbia, MD
Specialties
Family, Business, Contracts, Immigration, Wills
Education
University of Baltimore School of Law
University of Maryland
College Park
State Licensing
Maryland

Glenn Patrick Thomas
(410) 740-4600
10715 Charter Drive, Suite 200
Columbia, MD
Specialties
Tax, Corporate, Estate Planning
Education
University of Baltimore School of Law
State Licensing
Maryland

Heather Suzanne Swan
(410) 740-4600
10715 Charter Drive, Suite 200
Columbia, MD
Specialties
Real Estate, Business, Commercial
Education
Catholic University of America, School of Law,James Madison University
State Licensing
Maryland

Katherine L Taylor
(443) 420-4075
Ste 140, 5850 Waterloo Rd
Columbia, MD
Specialties
Government, Land Use & Zoning, Business, Contracts, Real Estate
Education
University of Maryland School of Law,University of North Carolina, Charlotte
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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