Corporate Attorneys Franklin TN

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 Franklin, TN that can help answer your questions about Corporate Attorneys.

Wilson Kyle Simonton
(615) 794-8850
306 Public Sq
Franklin, TN
Specialties
Health Care, Business, Commercial
Education
S IL UNIV
State Licensing
Tennessee

John Andrew Barney
(615) 535-0792
134 4TH AVE N
FRANKLIN, TN
Specialties
Defective & Dangerous Products, Litigation, Business, Entertainment
Education
No Law School provided
State Licensing
Alabama, Florida, Tennessee

Virginia Lee Story
(615) 790-1778
136 4TH AVE S
FRANKLIN, TN
Specialties
Family, Criminal Defense, Estate Planning, Business, Workers Compensation
Education
Nashville School of Law
State Licensing
Tennessee

Robert Rowland Cook
(615) 794-8850
306 Public Square
Franklin, TN
Specialties
Business, Commercial, Government
Education
THOMAS M COOLEY
State Licensing
Tennessee

Joseph John Jensen
(615) 782-2380
604 W Main St
Franklin, TN
Specialties
Real Estate, Business, Commercial
Education
VALPARAISO
State Licensing
Tennessee

James Todd Moore
(615) 790-2575
217 2ND AVE S
FRANKLIN, TN
Specialties
Business, Corporate, State, Local And Municipal Law, Estate Planning, Wills
Education
University of Tennessee College of Law,Rhodes College
State Licensing
Tennessee

Geoffrey Coston
(615) 790-2425
204 4TH AVE S
FRANKLIN, TN
Specialties
Personal Injury, Workers Compensation, Family, Criminal Defense, Business
Education
University of California - Santa Cruz,University of California - Santa Cruz,Rutgers University Schoo
State Licensing
Tennessee

Freddie Shayne Brasfield
(615) 599-7719
109 CLEBURNE ST
FRANKLIN, TN
Specialties
Criminal Defense, Business, Litigation
Education
Nashville School of Law,University of Tennessee
State Licensing
Tennessee

Mark McClure Mizell
(615) 790-1778
136 4TH AVE S
FRANKLIN, TN
Specialties
Personal Injury, Workers Compensation, Defective & Dangerous Products, Litigation, Business
Education
Oklahoma City University School of Law,Southern Illinois University
State Licensing
Tennessee

Deana Carol Hood
(615) 790-1778
136 4TH AVE S
FRANKLIN, TN
Specialties
Litigation, Family, Criminal Defense, Personal Injury, Business
Education
CUMBERLAND
State Licensing
Tennessee

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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Tennessee Antitrust Laws

Antitrust Code Section: 47-25-101, et seq.

Time Limit to Bring Claim: Not specified

Is a Private Lawsuit Possible? Yes; attorney general and reporter power to institute criminal proceedings

Can a Successful Plaintiff Recover Attorneys' Fees? No

From www.findlaw.com