Corporate Attorneys Greenwich CT

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 Greenwich, CT that can help answer your questions about Corporate Attorneys.

Juerg A Heim
(203) 661-6000
170 MASON ST
GREENWICH, CT
Specialties
Business, Commercial, Public Finance
Education
New York Law School,Connecticut College
State Licensing
Connecticut

Paul M O Connor JR
(203) 661-6000
170 MASON ST
GREENWICH, CT
Specialties
Real Estate, Construction, Commercial, Litigation
Education
Georgetown University Law Center,Cornell University
State Licensing
Connecticut

Charles W Pieterse
(203) 862-2332
& Morgan Llc, 500 West Putnam Avenue
Greenwich, CT
Specialties
Litigation, Commercial, Appeals
State Licensing
Connecticut

Jessie A Gilbert
(203) 863-6503
2 GREENWICH PLZ
GREENWICH, CT
Specialties
Business, Estate Planning, Trusts, Probate, Tax
Education
Case Western Reserve University School of Law,New York University Law School,Hamilton College
State Licensing
Connecticut

Douglas H Olin
(203) 863-6504
2 GREENWICH PLZ
GREENWICH, CT
Specialties
Business, Probate, Tax, Trusts, Estate Planning
Education
New York University School of Law,New York University School of Law,Emory University
State Licensing
Connecticut

Mary Elizabeth Jacques
(203) 324-6755
19 Field Point Drive
Greenwich, CT
Specialties
Elder Law, Business, Estate Planning
State Licensing
Connecticut

Wilmot L Harris
(203) 661-6000
170 MASON ST
GREENWICH, CT
Specialties
Estate Planning, Tax, Residential, Commercial, Business
Education
University of Pennsylvania Law School,Washington and Lee University
State Licensing
Connecticut

Harry E Peden III
(203) 862-2470
500 West Putnam Avenue, P.O. Box 2250
Greenwich, CT
Specialties
Business, Commercial, Banking
State Licensing
Connecticut

Karla P Ray
(203) 661-6000
170 MASON ST
GREENWICH, CT
Specialties
Commercial
Education
Marquette University Law School,University of Wisconsin, Madison
State Licensing
Connecticut

Steven B Steinmetz
(203) 661-6000
170 MASON ST
GREENWICH, CT
Specialties
Commercial
Education
Yeshiva University, Benjamin N. Cardozo School of Law,Yeshiva University
State Licensing
Connecticut

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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