Corporate Attorneys Dover DE

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 Dover, DE that can help answer your questions about Corporate Attorneys.

Kevin M Baird
(302) 677-0061
103 S. Bradford Street
Dover, DE
Specialties
Administrative Law, Litigation, Business, Estate Planning
Education
University of Illinois College of Law,Virginia Polytechnic Institute and State University,State Univ
State Licensing
Delaware

R. Brandon Jones
(302) 734-7401
225 South State Street
Dover, DE
Specialties
Business, Estate Planning, Real Estate, Personal Injury
Education
University of Virginia School of Law,University of Delaware
State Licensing
Delaware

Adam M Perza
(302) 734-7401
225 South State Street
Dover, DE
Specialties
Criminal Defense, Landlord & Tenant, Business, Real Estate, Wills
Education
Duquesne University School of Law,University of Delaware
State Licensing
Delaware

Bonnie M Benson
(302) 697-4900
306 E. CAMDEN-WYOMING AVENUE
Camden, DE
Specialties
Business, Estate Planning, Elder Law, Probate, Real Estate
Education
American University, Washington College of Law,Temple University - James E. Beasley School of Law
State Licensing
Delaware

David R Hackett
(302) 856-9066
116 West Market Street, P.O. Box 612
Georgetown, DE
Specialties
Business, Estate Planning, Health Care, Real Estate
Education
Washington and Lee University School of Law,Emory University,Wilmington College
State Licensing
Delaware

Constantine F Malmberg III
(302) 672-5600
30 The Green
Dover, DE
Specialties
Business, Litigation, Corporate, Real Estate, Personal Injury
Education
Widener University School of Law,University of Delaware
State Licensing
Delaware

William S Hudson
(302) 734-7401
225 South State Street
Dover, DE
Specialties
Family, Corporate, Real Estate
Education
Pennsylvania State University, Dickinson School of Law,Dickinson College
State Licensing
Delaware

Christopher M Holmon
(302) 227-9441
309 Rehoboth Avenue
Dover, DE
Specialties
Financial Markets And Services, Business, Estate Planning, Real Estate, Wills
Education
University of Maryland School of Law,University of California - Irvine
State Licensing
Delaware

Patrick Scanlon
(302) 424-1996
203 NE Front Street, Suite 101
Milford, DE
Specialties
Debt Collection, Corporate, Business, Real Estate
Education
Duquesne University,Duquesne University,Rutgers University School of Law
State Licensing
Delaware

Edward B Micheletti
(302) 651-3220
ONE RODNEY SQUARE, P O BOX 636
Wilmington, DE
Specialties
Class Action, Litigation, Commercial
State Licensing
Delaware

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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