Corporate Attorneys Greenbelt MD

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 Greenbelt, MD that can help answer your questions about Corporate Attorneys.

James M Greenan
(301) 441-2420
6411 Ivy Lane Suite 200
Greenbelt, MD
Specialties
Bankruptcy, Corporate, Litigation
Education
Catholic University of America, School of Law,University of Maryland
State Licensing
DC, Maryland

Kevin Maguire Tracy
(301) 441-2420
6411 Ivy Lane, Suite 200
Greenbelt, MD
Specialties
Construction, Contracts, Lawsuits & Disputes, Real Estate, Corporate
Education
American University, Washington College of Law,University of Notre Dame
State Licensing
Maryland

Timothy P O'brien
(301) 220-2200
6404 Ivy Lane, Suite 400
Greenbelt, MD
Specialties
Estate Planning, Tax, Business
Education
University of Baltimore School of Law,Frostburg State College
State Licensing
Maryland

Stephen C Hosea
(301) 441-2420
6411 IVY LN STE 200
GREENBELT, MD
Specialties
Business, Tax, Estate Planning, Trusts, Probate
Education
Georgetown University Law Center,University of Baltimore School of Law,University of Virginia
State Licensing
Maryland

John Paul Lynch
(301) 441-2420
6411 IVY LN STE 200
GREENBELT, MD
Specialties
Business, Commercial, Real Estate, Construction, Litigation
Education
Widener University School of Law,University of Maryland
State Licensing
Maryland

Meryle Freiberg Dunlap
(301) 441-2420
6411 IVY LN STE 200
GREENBELT, MD
Specialties
Business, Bankruptcy, Ethics, Personal Injury, Banking
Education
Catholic University of America, School of Law,University of Maryland
State Licensing
Maryland

Thomas E Walker
(301) 441-2420
Walker Pa, 6411 Ivy Lane
Greenbelt, MD
Specialties
Corporate, Litigation, Personal Injury, Estate Planning, Wrongful Death
Education
Catholic University of America, School of Law,Providence College
State Licensing
DC, Maryland

Brent Montraville Ahalt
(301) 441-2420
6411 IVY LN STE 200
GREENBELT, MD
Specialties
Litigation, Appeals, Business
Education
University of Baltimore School of Law,Wingate University
State Licensing
Maryland

Craig Michael Palik
(301) 441-2420
6411 IVY LN STE 200
GREENBELT, MD
Specialties
Bankruptcy, Debt Collection, Corporate
Education
George Mason University School of Law,University of Maryland, College Park
State Licensing
DC, Maryland, Virginia

Stacy Stanlee Pickett
(301) 513-0613
Suite 305 Capital Office Park 6411 Ivy Lane
Greenbelt, MD
Specialties
Estate Planning, Business, Debt Agreements, Real Estate, Landlord & Tenant
Education
University of Baltimore School of Law,University of Maryland, College Park
State Licensing
Maryland

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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