Corporate Attorneys Gettysburg PA

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 Gettysburg, PA that can help answer your questions about Corporate Attorneys.

Gary E. Hartman
126 BALTIMORE ST
GETTYSBURG, PA
Specialties
Real Estate, Probate, Estate Planning, Business, Personal Injury
Education
Middlebury College,George Washington University
State Licensing
Pennsylvania

Matthew R. Battersby
20 W MAIN ST
FAIRFIELD, PA
Specialties
Real Estate, Family, Business, Litigation, State, Local And Municipal Law
Education
Southwestern University School of Law,Indiana University of Pennsylvania,Indiana University of Penns
State Licensing
Pennsylvania

Donald L. Kornfield
17 N CHURCH ST
WAYNESBORO, PA
Specialties
Real Estate, Corporate, Business, Debt Collection, Wills
Education
law school at William and Mary,Franklin and Marshall College,Greencastle Antrim High School
State Licensing
Pennsylvania

Andrew Joseph Benchoff
17 N CHURCH ST
WAYNESBORO, PA
Specialties
Real Estate, Business, Litigation
Education
Pennsylvania State University, Dickinson School of Law,Mount Saint Mary's University
State Licensing
Pennsylvania

Daniel M. Frey
(717) 637-6239
14 Center Square
Hanover, PA
 
Clinton T. Barkdoll
18 CARLISLE ST STE 103
GETTYSBURG, PA
Specialties
Business, Wills, Estate Planning, Family, Litigation
Education
Dickinson School of Law - Pennsylvania State University,High Point University
State Licensing
Pennsylvania

Joseph Erb Jr.
(717) 632-0163
Stonesifer and Kelley Pc, 209 Broadway
Hanover, PA
Specialties
Family, Commercial, Real Estate
State Licensing
Pennsylvania

Stephen E. Patterson
239 E MAIN ST
WAYNESBORO, PA
Specialties
Business, Commercial, Real Estate
Education
Wake Forest University School of Law,Gettysburg College
State Licensing
Pennsylvania

Henry O. Heiser III
(717) 334-1990
104 Baltimore Street
Gettysburg, PA
 
Mindy J. Shreve
435 6TH AVE JOHN H REED BLDG
PITTSBURGH, PA
Specialties
Commercial, Employment, Defective & Dangerous Products
Education
Duquesne University School of Law,University of Pittsburgh, Pittsburgh
State Licensing
Pennsylvania

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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