Corporate Attorneys Cottage Grove MN

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 Cottage Grove, MN that can help answer your questions about Corporate Attorneys.

Jennifer Leigh Mortel
(651) 288-2844
7616 CURRELL BLVD STE 200
WOODBURY, MN
Specialties
Business, Personal Injury, Estate Planning
Education
William Mitchell College of Law,University of Wisconsin, Eau Claire
State Licensing
Minnesota, Wisconsin

Paul E Overson
539 Bielenberg Dr Ste 200
Woodbury, MN
Specialties
Business, Debt Collection, Family, Personal Injury, Estate Planning
Education
Hamline University School of Law,Minnesota State University, Mankato
State Licensing
Minnesota

Brian David Chmielewski
(866) 446-6529
2655 Mallard Dr
Woodbury, MN
Specialties
Chapter 7, Business, Civil Rights, Criminal Defense, Estate Planning, Divorce
State Licensing
Minnesota

Murad Mowaffak Mohammad
(651) 264-3080
539 BIELENBERG DR STE 200
WOODBURY, MN
Specialties
Personal Injury, Business, Litigation, Criminal Defense
Education
William Mitchell College of Law
State Licensing
Minnesota

Elizabeth M Melton
6221 Tahoe Pl
St Paul, MN
Specialties
Business, Employment, Domestic Violence
Education
William Mitchell College of Law,University of Minnesota, Twin Cities
State Licensing
Minnesota

Craig William Baumann
(651) 738-0001
539 Bielenberg Dr #200
Woodbury, MN
Specialties
Criminal Defense, Estate Planning, Business, Elder Law, Real Estate, Probate
State Licensing
Minnesota

Jasper Daniel Berg
(866) 552-7737
Po Box 25253
Woodbury, MN
Specialties
Military Law, Business, Contracts, Estate Planning, Employee Benefits
Education
Hamline University School of Law,Community College of the Air Force,University of Minnesota
State Licensing
Minnesota

Michael Brian Taylor
858 Spring Hill Dr
Woodbury, MN
Specialties
Business, Employment, Family, Real Estate, Wills
Education
University of Minnesota Law School,Morehouse College
State Licensing
Minnesota

Kevin Kenneth Shoeberg
(651) 735-9340
1805 WOODLANE DR
WOODBURY, MN
Specialties
Family, Business, Real Estate, Estate Planning, Litigation
Education
University of Minnesota Law School,Southwest State University
State Licensing
Minnesota

Michael Essien
7060 Valley Creek Plaza #115
St Paul, MN
Specialties
Intellectual Property, Corporate
Education
William Mitchell College of Law
State Licensing
Minnesota

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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UST Executive Conference on the Future of Health Care
Dates: 11/5/2020 – 11/5/2020
Location:
University of St.Thomas Saint Paul
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UST Executive Conference on the Future of Health Care
Dates: 11/5/2020 – 11/5/2020
Location:
University of St.Thomas Saint Paul
View Details