Corporate Attorneys Galveston TX

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 Galveston, TX that can help answer your questions about Corporate Attorneys.

David Mainard Buergler
(409) 766-7966
2228 Mechanic, #220
Galveston, TX
Specialties
Tax, Business, Probate
Education
South Texas College Of Law
State Licensing
Texas

John V. Rabel
(713) 651-0881
802 25TH ST
GALVESTON, TX
Specialties
Transportation, Defective & Dangerous Products, Business, Litigation
Education
University of Texas School of Law,Texas Lutheran University,Texas Lutheran University
State Licensing
Texas

Scott Ashley Mixon
(409) 762-7187
2423 Market Street, Suite 100
Galveston, TX
Specialties
Tax, Business, Administrative Law, Real Estate
Education
University of Florida
State Licensing
Texas

Keith William Mcfatridge Jr.
(409) 766-7966
2228 Ships Mechanic Row Suite 220
Galveston, TX
Specialties
Business
Education
South Texas College of Law
State Licensing
Texas

Dennis Sheehan
Sheehan Law Firm, PLLC, 2211 The Strand, Suite 202
Galveston, TX
Specialties
Litigation, Mediation, International Law, Business, Arbitration
Education
Texas Tech University,University of Houston
State Licensing
Texas

Ian Ranier Beliveaux
(409) 763-2481
802 25TH ST
GALVESTON, TX
Specialties
Litigation, Real Estate, Appeals, Business
Education
South Texas College of Law,University of Texas System, Austin
State Licensing
Texas

Louis Owen Ducote II
(409) 797-3269
One Moody Plaza 18th Floor
Galveston, TX
Specialties
Business, Insurance, Social Security
Education
Louisiana State University
State Licensing
Texas

Irwin M. Herz Jr.
(409) 797-3226
1 MOODY PLZ FL 18
GALVESTON, TX
Specialties
Corporate, Insurance, Public Finance
Education
University of Texas School of Law,Rice University
State Licensing
Texas

Abel Pena Ortiz II
(409) 762-7187
2423 Market Street, Ste. 100
Galveston, TX
Specialties
Intellectual Property, Business, Entertainment, Insurance, Oil & Gas, Probate, Intellectual Property, Real Estate, Construction, Litigation
Education
St. Mary's University
State Licensing
Texas

Stephen G. Schulz
(409) 797-3229
1 MOODY PLZ FL 18
GALVESTON, TX
Specialties
Banking, Real Estate, Corporate, Commercial
Education
University of Texas School of Law,Rice University
State Licensing
Texas

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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