Corporate Attorneys Fairbanks AK

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 Fairbanks, AK that can help answer your questions about Corporate Attorneys.

Allen Michael Todd
(907) 459-2019
Ofc General Counsel, 1 Doyon Pl #300
Fairbanks, AK
Specialties
Business
Education
Georgetown Univ Law Ctr,Univ of Utah
State Licensing
California

Mark Andrews
(866) 758-0317
Po Box 74898
Fairbanks, AK
Specialties
Business, Family, Antitrust
State Licensing
Washington

Galen Gerald Cook
(509) 868-3023
Po Box 80093
Fairbanks, AK
Specialties
Business, Employment, General Practice, Administrative Law, Litigation
State Licensing
Washington

John J. Burns
(907) 452-1666
KeyBank Center, 100 Cushman Street, Suite 311
Fairbanks, AK
 
Joseph G. Strines
(907) 452-1666
KeyBank Center, 100 Cushman Street, Suite 311
Fairbanks, AK
 
Mark Andrews
(866) 758-0317
Po Box 74898
Fairbanks, AK
Specialties
Business, Family, Antitrust
State Licensing
Washington

H Van Z Lawrence
(907) 452-4237
751 7th Ave Ste B
Fairbanks, AK
Specialties
Business, Corporate, Land Use & Zoning, Landlord & Tenant
State Licensing
Washington

Rita T. Allee
(907) 452-1261
750 Eighth Avenue
Fairbanks, AK
 
Robert A. Sparks
(907) 451-0875
1552 Noble Street
Fairbanks, AK
 
Daniel E. Winfree
(907) 451-6500
301 Cushman Street, Suite 200
Fairbanks, AK
 

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...

Click here to read the rest of this article from GlobalBx

Alaska Antitrust Laws

Antitrust Code Section: 45.50.562 to 596

Time Limit to Bring Claim: 4 yrs., 45.50.588

Is a Private Lawsuit Possible? Yes; attorney general may also be able to bring an action 45.50.580, 45.50.5+6

Can a Successful Plaintiff Recover Attorneys' Fees? Yes; restoration, injunction, treble damages, costs of suit; misdemeanor, civil penalty not more than $20,000 or 12 mos. prison, 45-50.576(a)

From www.findlaw.com