Corporate Attorneys East Providence RI

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 East Providence, RI that can help answer your questions about Corporate Attorneys.

Kristin N. Matsko
(401) 272-6300
120 Wayland Ave, Suite 5
Providence, RI
Specialties
Elder Law, Estate Planning, Real Estate, Business, Landlord & Tenant, Probate
Education
Roger Williams University School of Law,The Pennsylvania State University
State Licensing
Massachusetts, Rhode Island

Carolyn P. Medina
(401) 861-8200
180 S MAIN ST
PROVIDENCE, RI
Specialties
Real Estate, Land Use & Zoning, Commercial
State Licensing
Massachusetts

John R Gowell Jr
(401) 831-8340
1 CITIZENS PLZ CITIZENS BANK BLDG
PROVIDENCE, RI
Specialties
Corporate, Construction, Real Estate
Education
University of Pittsburgh School of Law,Trinity College
State Licensing
Massachusetts

John E Ottaviani
(401) 276-6405
2800 FINANCIAL PLZ
PROVIDENCE, RI
Specialties
Intellectual Property, Business, Litigation
Education
Columbia University School of Law,Bowdoin College
State Licensing
Massachusetts

Tracy Christine Baran
(401) 861-8200
180 S MAIN ST
PROVIDENCE, RI
Specialties
Real Estate, Land Use & Zoning, Commercial
State Licensing
Massachusetts

Alan M Shoer
(401) 274-7200
One Citizen's Plaza
Providence, RI
Specialties
Business, Environmental, Intellectual Property, Administrative Law
Education
Vermont Law School,Brown University
State Licensing
Colorado, Massachusetts

Brian James Lamoureux
(401) 276-2605
121 S MAIN ST STE 11
PROVIDENCE, RI
Specialties
Litigation, Employment, Business
Education
Providence College,Syracuse University,Syracuse University,University of Rhode Island
State Licensing
Massachusetts

Michael J Kiselica
(401) 421-0300
1 Turks Head Pl Ste 1440
Providence, RI
Specialties
Business, Litigation
Education
Western State Univ,Providence Coll
State Licensing
California

Andrew C. Coulam
(401) 273-7171
10 Dorrance Street, Suite 800
Providence, RI
Specialties
Litigation, Insurance, Commercial
State Licensing
Massachusetts

Keith E. Fayan
(401) 861-8243
180 S MAIN ST
PROVIDENCE, RI
Specialties
Real Estate, Insurance, Commercial
State Licensing
Massachusetts

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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