Corporate Attorneys East Syracuse NY

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 Syracuse, NY that can help answer your questions about Corporate Attorneys.

Joseph Gregory Shields
(315) 437-7600
5010 CAMPUSWOOD DR
EAST SYRACUSE, NY
Specialties
Commercial, Construction
Education
Ohio Northern University,State University of New York, College at Cortland
State Licensing
New York

Dennis Timlin Barrett
(315) 437-7600
5010 CAMPUSWOOD DR
EAST SYRACUSE, NY
Specialties
Education, Financial Markets And Services, Business, Real Estate, Construction
Education
Columbia University School of Law,St John Fisher College
State Licensing
New York

Romolo Canzano
5790 WIDEWATERS PKWY
SYRACUSE, NY
Specialties
Administrative Law, Litigation, Health Care, General Practice, Business
Education
Syracuse University College of Law,State University of New York, Buffalo
State Licensing
New York

John Edward Heisler Jr
5790 WIDEWATERS PKWY
SYRACUSE, NY
Specialties
Administrative Law, Litigation, Health Care, General Practice, Business
Education
Albany Law School of Union University,Colgate University
State Licensing
New York

George Skandalis
5790 WIDEWATERS PKWY
SYRACUSE, NY
Specialties
Administrative Law, Litigation, Health Care, General Practice, Business
Education
Syracuse University College of Law,West Virginia University
State Licensing
New York

Brian Joseph Smith
(315) 437-7600
5010 CAMPUSWOOD DR
EAST SYRACUSE, NY
Specialties
Corporate, Contracts, Employment, Education, Litigation
Education
Syracuse University College of Law,State University of New York Institute of Technology at Utica
State Licensing
New York

Sandra Jeanne Sabourin
(315) 413-5420
5789 Widewaters Pkwy
Syracuse, NY
Specialties
Litigation, Employment, Commercial
State Licensing
New York

Philip Carlin Pinsky
5790 WIDEWATERS PKWY
SYRACUSE, NY
Specialties
Health Care, Litigation, Business
Education
New York University,Syracuse University,Syracuse University
State Licensing
New York

Lauren M. Miller
5790 WIDEWATERS PKWY
SYRACUSE, NY
Specialties
Health Care, Litigation, Business, General Practice, Insurance
Education
Albany Law School of Union University,Syracuse University
State Licensing
New York

Ellen S. Weinstein
5790 WIDEWATERS PKWY
SYRACUSE, NY
Specialties
Litigation, Health Care, General Practice, Administrative Law, Business
Education
Syracuse University College of Law,City University of New York, Brooklyn College,City University of
State Licensing
New York

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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