Corporate Attorneys Goose Creek SC

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 Goose Creek, SC that can help answer your questions about Corporate Attorneys.

Christopher Joseph McCool
(843) 554-3100
5868 Rivers Ave., Ste. 101
N. Charleston, SC
Specialties
Defective & Dangerous Products, Personal Injury, Insurance, Business, Antitrust
Education
Washington and Lee University School of Law,University of Kansas
State Licensing
South Carolina

J. Stanley Claypool III
(843) 572-6900
2155 Northpark Lane
North Charleston, SC
Specialties
Business, Real Estate
Education
University of South Carolina School of Law,University of North Carolina, Chapel Hill
State Licensing
South Carolina

Gregory Lynn Hyland
(843) 871-7765
P.O. Box 430
Summerville, SC
Specialties
Business, Employment, Elder Law, Probate, Family, Personal Injury, Litigation
Education
University Of South Carolina
State Licensing
Texas

Jenny A. Horne
(212) 278-1037
102 Perry Lane
Summerville, SC
Specialties
Power Of Attorney, Elder Law, Commercial
State Licensing
North Carolina

Matthew Singleton Moore III
(843) 329-0203
126 Seven Farms Dr., Suite 200
Charleston, SC
Specialties
Oil & Gas, Real Estate
Education
University Of South Carolina
State Licensing
Texas

Sarah B. Pflug
(843) 572-6900
2155 Northpark Lane
North Charleston, SC
Specialties
Business, Real Estate, Wills
Education
New York Law School,College of Charleston
State Licensing
South Carolina

Gregory Lynn Hyland
(843) 871-7765
P.O. Box 430
Summerville, SC
Specialties
Business, Employment, Elder Law, Probate, Family, Personal Injury, Litigation
Education
University Of South Carolina
State Licensing
Texas

James Earle Reeves
(843) 832-7337
400 North Cedar Street
Summerville, SC
Specialties
Real Estate, Probate, Estate Planning, Litigation, Corporate
Education
University of South Carolina School of Law
State Licensing
South Carolina

Rutherford P.C. Smith
(843) 873-6780
100 S. Main St., Ste. J
Summerville, SC
Specialties
Real Estate, Business, Estate Planning
State Licensing
South Carolina

Giampiero P. Diminich
(843) 577-2026
126 Seven Farms Drive, Suite 200
Charleston, SC
Specialties
Tax, Corporate, Estate Planning
Education
New York University School of Law,University of South Carolina School of Law,Davidson College,Univer
State Licensing
South Carolina

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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