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

Jessica Ruth Bailey Smith
(212) 833-1155
#5c, 2426 Lizbec Ct
Crofton, MD
Specialties
Litigation, Commercial, Bankruptcy
State Licensing
Maryland

Jerry M Bodman
(443) 804-8179
1170 JEFFREY DR
CROFTON, MD
Specialties
Car Accident, Business, Contracts, Mediation, Landlord & Tenant
Education
University of Baltimore School of Law,University of Maryland
State Licensing
Maryland

William Parry Dale
(301) 805-6080
4000 MITCHELLVILLE RD
BOWIE, MD
Specialties
Business, Estate Planning, Trusts, Employee Benefits, Wills
Education
Georgetown University Law Center,Cornell University
State Licensing
Maryland

Charles F Fuller
(301) 805-6080
4000 Mitchellville Rd, #222
Bowie, MD
Specialties
Litigation, Estate Planning, Business, Employee Benefits
Education
Western New England College School of Law,Mercy College
State Licensing
DC, Maryland

Suren G Adams
(301) 805-5892
4201 NORTHVIEW DR STE 504
BOWIE, MD
Specialties
Business, Estate Planning, Bankruptcy, Personal Injury
Education
George Washington University National Law Center,University of Maryland, College Park,University of
State Licensing
DC, Maryland

Scott A Conwell
(410) 451-2707
2101 Defense Highway, Suite No. 4
Crofton, MD
Specialties
International Law, Business, Intellectual Property, Litigation
Education
University of Maryland School of Law,Johns Hopkins University,Loyola College
State Licensing
DC, Maryland

Sloane R Franklin
(410) 721-8889
2200 Defense Highway, Suite 101
Crofton, MD
Specialties
Criminal Defense, Child Custody, Divorce, DUI, Personal Injury, Corporate, General Practice
State Licensing
Maryland

Cedulie Renee Laumann
(410) 216-7000
1028 GENERALS HWY STE 100
CROWNSVILLE, MD
Specialties
Real Estate, Guardianship, Personal Injury, Business, Litigation
Education
University of Maryland School of Law,University of Baltimore
State Licensing
Maryland

Daniel Ray Bendt
(301) 464-1104
ONE TOWN CENTER 4201 NORTHVIEW DR STE 504
BOWIE, MD
Specialties
Family, Business, Estate Planning, Debt Collection, Personal Injury, Probate
Education
George Washington University,University of Maryland,Catholic University of America, Columbus School
State Licensing
DC, Maryland

Gabriel Joshua Christian
(301) 218-9400
3060 MITCHELLVILLE RD STE 216
BOWIE, MD
Specialties
Personal Injury, International Law, Family, Business, Environmental
Education
Georgetown University Law Center
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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