Corporate Attorneys Eden Prairie MN

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 Eden Prairie, MN that can help answer your questions about Corporate Attorneys.

Howard Lim Wu
(425) 454-1584
Flagship Corporate Center, 775 Prairie Center Dr, Ste 400
Eden Prairie, MN
Specialties
Equipment Finance, Business, Mergers & Acquisitions
Education
UC Berkeley SOL Boalt Hall,Antioch Coll
State Licensing
California

Heather Joyce Halverson
(952) 995-9500
775 Prairie Center Dr #400
Eden Prairie, MN
Specialties
Aviation, Business, Corporate, Mergers & Acquisitions, Commercial
Education
Hamline University School of Law,University of Wisconsin, Stout
State Licensing
Minnesota

Steven C Wellman
9760 Picket Drive
Eden Prairie, MN
Specialties
Estate Planning, Probate, Wills, Real Estate, Business
Education
William Mitchell College of Law,Luther College
State Licensing
Minnesota

Heidi Ann Carpenter
775 Prairie Center Dr, Ste 400
Eden Prairie, MN
Specialties
Corporate, Business, Financial Markets And Services, Mergers & Acquisitions, Employment
Education
Hamline University School of Law,University of Wisconsin, Madison
State Licensing
Minnesota

Tara J Anderson
(952) 995-9500
775 Prairie Center Drive, Ste. 400
Eden Prairie, MN
Specialties
Aviation, Commercial, Mergers & Acquisitions
State Licensing
Minnesota

John E Sperry
12700 Anderson Lakes Parkway
Eden Prairie, MN
Specialties
General Practice, Business, Family, Personal Injury, Criminal Defense
State Licensing
Minnesota

Thomas G Barry Jr.
(952) 746-2707
775 Prairie Center Dr, Ste 160
Eden Prairie, MN
Specialties
Business, Litigation
Education
Saint Louis University School of Law,Saint John's University
State Licensing
Minnesota

Phaedra Jean Howard
(952) 941-4005
10400 Viking Dr #500
Eden Prairie, MN
Specialties
Real Estate, Business, Contracts
State Licensing
Minnesota

Timothy O Davis
(952) 941-4005
10400 Viking Dr #500
Eden Prairie, MN
Specialties
Estate Planning, Business, Real Estate
State Licensing
Minnesota

John Robert Keena
(952) 941-4005
10400 Viking Dr Ste 500
Eden Prairie, MN
Specialties
Business, Litigation, Discrimination
State Licensing
Minnesota

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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Local Events

UST Executive Conference on the Future of Health Care
Dates: 11/5/2020 – 11/5/2020
Location:
University of St.Thomas Saint Paul
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UST Executive Conference on the Future of Health Care
Dates: 11/5/2020 – 11/5/2020
Location:
University of St.Thomas Saint Paul
View Details