Corporate Attorneys Davenport IA

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 Davenport, IA that can help answer your questions about Corporate Attorneys.

John David Telleen
(309) 786-1600
220 N Main Ste 600
Davenport, IA
Specialties
Business, Litigation, Estate Planning
Education
University of Iowa College of Law,Augustana College
State Licensing
Iowa

Michael Patrick Byrne
(563) 333-6627
220 N Main Ste 600
Davenport, IA
Specialties
Business, Litigation, Estate Planning
Education
University of Kansas School of Law,University of Iowa
State Licensing
Iowa

Catherine E. Hult
(563) 333-6694
220 N Main St Ste 600
Davenport, IA
Specialties
Business, Litigation, Estate Planning
Education
Creighton University School of Law,University of South Dakota
State Licensing
Iowa

Charles Miller
(563) 324-3246
220 N Main St, Ste 600
Davenport, IA
Specialties
Business, Estate Planning, Litigation
Education
University of Iowa College of Law,Northwestern University
State Licensing
Iowa

Henry George Neuman
(563) 326-4491
111 East Third Street, Suite 600
Davenport, IA
Specialties
Business, Estate Planning, Real Estate
Education
University of Colorado School of Law,Augustana College
State Licensing
Iowa

Thomas Dana Waterman
(563) 333-6622
220 N Main Ste 600
Davenport, IA
Specialties
Business, Litigation, Estate Planning
Education
University of Iowa College of Law,Dartmouth College
State Licensing
Iowa

Bernard J Hofmann
(563) 326-4900
220 Emerson Place Suite 301
Davenport, IA
Specialties
Real Estate, Estate Planning, Business, Probate
Education
Drake University Law School,University of Iowa
State Licensing
Iowa

Cameron A. Davidson
(563) 324-3246
220 N Main Ste 600
Davenport, IA
Specialties
Business, Litigation, Estate Planning
Education
Hamline University School of Law,St. Norbert College
State Licensing
Iowa

Ian James Russell
(563) 324-3246
220 N Main St
Davenport, IA
Specialties
Business, Litigation, Estate Planning
Education
University of Iowa College of Law,Lawrence University
State Licensing
Iowa

Robert A. Van Vooren
(563) 324-3246
220 N Main Ste 600
Davenport, IA
Specialties
Business, Estate Planning, Litigation
Education
Northwestern University School of Law,Marquette University
State Licensing
Iowa

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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Iowa Antitrust Laws

Antitrust Code Section: Iowa Competition Law: 553.1, et seq.

Time Limit to Bring Claim: 4 yrs.

Is a Private Lawsuit Possible? Yes; state may also bring suit

Can a Successful Plaintiff Recover Attorneys' Fees? Yes for individual plaintiff but not for state

From www.findlaw.com