Corporate Attorneys Hackensack NJ

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 Hackensack, NJ that can help answer your questions about Corporate Attorneys.

Alan H Perzley
(201) 883-1030
411 Hackensack Ave, 5th Fl
Hackensack, NJ
Specialties
Real Estate, Health Care, Business, Construction, Employment, Equipment Finance
Education
Seton Hall University School of Law,University of Virginia
State Licensing
New Jersey, New York

Ilissa Churgin Hook
(201) 525-6293
25 MAIN STREET PO BOX 800
HACKENSACK, NJ
Specialties
Bankruptcy, Corporate
Education
Albany Law School of Union University,State University of New York, Albany
State Licensing
New Jersey

Michael Hubbard Tully
(201) 896-4100
25 MAIN STREET PO BOX 800
HACKENSACK, NJ
Specialties
Corporate, Financial Markets And Services, Business, Employment, Mergers & Acquisitions
Education
Boston College Law School,University of California - Irvine
State Licensing
New Jersey

Tyrone M McDonnell
(201) 525-0303
45 Essex St Ste 3 W
Hackensack, NJ
Specialties
Business, Litigation, Construction, Defective & Dangerous Products, Insurance
Education
University of Pittsburgh School of Law,Rutgers University
State Licensing
New Jersey

Gerald H Gline
(201) 678-6240
25 MAIN STREET PO BOX 800
HACKENSACK, NJ
Specialties
Bankruptcy, Corporate, Construction
Education
Rutgers University,Rutgers University,Rutgers University School of Law
State Licensing
New Jersey

Jeremy E Bob
(201) 525-6252
25 MAIN STREET PO BOX 800
HACKENSACK, NJ
Specialties
Bankruptcy, Corporate
Education
Boston University School of Law,Columbia University
State Licensing
New Jersey

Donna Russo
(201) 342-7514
39 HUDSON ST COURT TOWERS
HACKENSACK, NJ
Specialties
Insurance, Personal Injury, Corporate, Nursing Home Abuse, Employment
Education
Villanova University School of Law,Fairleigh Dickinson University
State Licensing
New Jersey

Henry J. Amoroso
(201) 343-5001
Nowell Amoroso Et Al, 155 Polifly Rd #301
Hackensack, NJ
Specialties
Litigation, Business
Education
Widener University School of Law,Villanova University
State Licensing
New Jersey, Pennsylvania

Daniel Bibergal
(201) 489-9110
27 WARREN ST
HACKENSACK, NJ
Specialties
Real Estate, Commercial, Residential, Land Use & Zoning
Education
George Washington University National Law Center,Rutgers University
State Licensing
New Jersey

Melanie R Costantino
(201) 498-0400
55 Hudson Street
Hackensack, NJ
Specialties
Litigation, Business, Elder Law
State Licensing
New Jersey

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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