Corporate Attorneys Covington KY

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 Covington, KY that can help answer your questions about Corporate Attorneys.

Mark C. Engling
105 E 4TH ST STE 1400
CINCINNATI, OH
Specialties
Insurance, Business, Slip and Fall Accident
Education
Cleveland State University - Cleveland-Marshall College of Law,University of Dayton
State Licensing
Ohio

Eric Steven Clark
312 WALNUT ST
CINCINNATI, OH
Specialties
Employment, Business
Education
John Carroll University,University of Cincinnati
State Licensing
Ohio

James Joseph Montgomery
36 E 7TH ST STE 2100
CINCINNATI, OH
Specialties
Defective & Dangerous Products, Commercial
Education
Miami University of Ohio,Salmon P. Chase College of Law
State Licensing
Ohio

Steven M Rothstein
105 E 4TH ST
CINCINNATI, OH
Specialties
Immigration, General Practice, Commercial, Real Estate, Medical Malpractice
Education
Miami University of Ohio,University of Cincinnati
State Licensing
Ohio

Kenneth Paul Kreider
(513) 579-6579
1 E 4TH ST STE 1400
CINCINNATI, OH
Specialties
Construction, Real Estate, Land Use & Zoning, Environmental, Business
Education
University of Cincinnati College of Law,Kenyon College
State Licensing
Ohio

Keith Marlyn Rabenold
201 E 5TH ST PNC CENTER
CINCINNATI, OH
Specialties
Corporate, Investment Fraud, Intellectual Property, Estate Planning
Education
Ohio State University Moritz College of Law,The Ohio State University
State Licensing
Ohio

Robin Elise Harvey
(513) 929-3409
312 WALNUT ST STE 3200
CINCINNATI, OH
Specialties
Family, Corporate, Employment, Commercial, Defective & Dangerous Products
Education
Antioch School of Law
State Licensing
Ohio

Joseph Anthony Tomain
(513) 651-6133
201 E 5TH ST PNC CENTER
CINCINNATI, OH
Specialties
Constitutional, Media, Advertising, Defective & Dangerous Products, Business
Education
Notre Dame Law School,University of Notre Dame
State Licensing
Illinois, Ohio

Patrick Francis Fischer
(513) 579-6459
1 E 4TH ST STE 1400
CINCINNATI, OH
Specialties
Business, Investment Fraud, Class Action, Debt Collection
Education
Harvard University Law School,Harvard College
State Licensing
Ohio

Thomas Michael Woebkenberg
(513) 852-6044
600 VINE ST STE 2500
CINCINNATI, OH
Specialties
Commercial, Real Estate
Education
Ohio Northern University,University of Virginia
State Licensing
Ohio

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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