Corporate Attorneys Federal Way WA

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 Federal Way, WA that can help answer your questions about Corporate Attorneys.

Andrew C. Cratsenberg Jr
(253) 941-0865
Po Box 24344
Federal Way, WA
Specialties
Business, Land Use & Zoning, Landlord & Tenant, Litigation
State Licensing
Washington

Joseph Gerald Beitey
(253) 528-1821
2505 S 320th St Ste 110
Federal Way, WA
Specialties
Business, Corporate, General Practice, Trademark Application
State Licensing
Washington

Glenn David Monserrat
(253) 583-6101
4739 Sw 313th Pl
Federal Way, WA
Specialties
Estate Planning, Tax, Business
Education
Seattle University School of Law,University of Washington School of Law,Indiana University-Bloomingt
State Licensing
Arizona, Washington

Karl Yongsuk Park
(253) 815-1400
1010 S 336th St Ste 320
Federal Way, WA
Specialties
Bankruptcy, Debt Collection, Contracts, Corporate, Fraud, Criminal Defense, Family, General Practice, Landlord & Tenant, Litigation
State Licensing
Washington

Kimberly Arden Hughes
(253) 924-3440
Ch 1j28, Po Box 9777
Federal Way, WA
Specialties
Health Care, Business, Environmental, Administrative Law, Land Use & Zoning
State Licensing
Washington

Suzanne Waltraud Danielle
PACIFICA PARK BUILDING A 33838 PACIFIC HWY S STE A201
FEDERAL WAY, WA
Specialties
Tax, Business, Estate Planning, Contracts
Education
University of Puget Sound School of Law
State Licensing
Washington

James David Clack
(253) 924-4105
Ch1j28, Po Box 9777
Federal Way, WA
Specialties
Business, Corporate, Land Use & Zoning
State Licensing
Washington

Jan Gossing
(253) 444-5660
31811 Pacific Hwy S, B-101
Federal Way, WA
Specialties
Business, Tax, International Law
State Licensing
Washington

Joseph Patrick Jackowski
(253) 924-3461
Ch1j28, Po Box 9777
Federal Way, WA
Specialties
Business, Environmental, Land Use & Zoning
State Licensing
Washington

Mary Cameron Sroufe
33301 9th Ave S Ste 200
Federal Way, WA
Specialties
Election Campaign, Debt Collection, Business, Banking, Corporate, Employment, Government
State Licensing
Washington

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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