Corporate Attorneys Fort Dodge IA

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 Fort Dodge, IA that can help answer your questions about Corporate Attorneys.

Jason L. Comisky
(515) 573-2181
809 Central Ave
Fort Dodge, IA
Specialties
Business, Estate Planning, Real Estate
Education
University of Iowa College of Law,Drake University,Hawkeye Community College
State Licensing
Iowa

Brian R Johnsen
(515) 332-1157
30 North 8th Street
Humboldt, IA
Specialties
Estate Planning, Business, Tax, Agriculture
Education
University of Iowa College of Law,Iowa State University
State Licensing
Iowa

John S. Gosma
(563) 388-9240
American Bank Building
Davenport, IA
Specialties
Business, Banking, Real Estate, Estate Planning, Probate
Education
University of Iowa College of Law,University of Iowa
State Licensing
Iowa

Brian R Johnsen
(515) 332-1157
30 North 8th Street
Humboldt, IA
Specialties
Estate Planning, Business, Tax, Agriculture
Education
University of Iowa College of Law,Iowa State University
State Licensing
Iowa

Frank W. Pechacek Jr.
(712) 322-6000
421 West Broadway, Suite 200
Council Bluffs, IA
Specialties
Business, Real Estate, Estate Planning, Litigation
Education
University of Iowa College of Law,University of Northern Iowa
State Licensing
Iowa

Andrew James Lemmenes
(515) 332-1157
30 North 8th Street
Humboldt, IA
Specialties
Estate Planning, Tax, Business, Real Estate, Family
Education
University of Iowa College of Law,University of Northern Iowa
State Licensing
Iowa

William J. Good
(515) 573-2181
600 Boston Centre, 809 Central Avenue, P.O. Box 1396
Fort Dodge, IA
 
William David Olson
(888) 236-4545
1022 Broad Street
Grinnell, IA
Specialties
Corporate, Business, Estate Planning, Real Estate
Education
University of Iowa College of Law,University of Iowa,University of Southern California
State Licensing
Iowa

David E. Brick
(515) 274-1450
6701 Westown Parkway
West Des Moines, IA
Specialties
Business, Family
Education
University of Iowa College of Law,Boston College
State Licensing
Iowa

Melissa A. Hancock
(563) 359-7112
3170 E 53rd St # 200
Davenport, IA
Specialties
Business, Estate Planning, Probate
Education
U Of Iowa
State Licensing
Illinois, Iowa, Wisconsin

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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