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.

William J Hunt
(201) 457-9200
155 Polifly Rd Ste 200
Hackensack, NJ
Specialties
Civil Rights, Corporate, Bankruptcy
Education
Seton Hall University School of Law ,Wesleyan University
State Licensing
New Jersey

Bruce E Chase
(201) 343-6555
1 ATLANTIC ST
HACKENSACK, NJ
Specialties
Family, Commercial, Litigation, Real Estate
Education
Rutgers University School of Law
State Licensing
New Jersey

Joyce W Pollison
(201) 487-3600
45 Essex St
Hackensack, NJ
Specialties
Real Estate, International Law, Commercial
State Licensing
New Jersey

Christopher L Weiss
(201) 489-9110
27 WARREN ST
HACKENSACK, NJ
Specialties
Litigation, Business, Estate Planning, Employment
Education
University of Pennsylvania Law School ,Lafayette College
State Licensing
New Jersey

Stuart Komrower
(201) 678-6331
25 MAIN STREET PO BOX 800
HACKENSACK, NJ
Specialties
Bankruptcy, Corporate
Education
Seton Hall University School of Law,Lafayette College
State Licensing
New Jersey

Michelle Anne Sweet
(201) 488-1234
25 East Salem St, Ste 400
Hackensack, NJ
Specialties
Commercial, Litigation, Trusts
State Licensing
New Jersey

Joshua Kyle Givner
(201) 488-7211
190 Moore Street, Suite 306
Hackensack, NJ
Specialties
Litigation, Business, Real Estate
State Licensing
New Jersey

Daniel Elihu Kirsch
(201) 342-0055
Two University Plz, Ste 308
Hackensack, NJ
Specialties
Business, Appeals, Internet
State Licensing
New Jersey

Michael Kalmus
(201) 498-0400
55 HUDSON ST
HACKENSACK, NJ
Specialties
Real Estate, Bankruptcy, Business, Litigation, Criminal Defense
Education
Emory Law School,State University of New York
State Licensing
New Jersey

Warren Alan Usatine
(201) 678-6233
25 MAIN STREET PO BOX 800
HACKENSACK, NJ
Specialties
Litigation, Bankruptcy, Construction, Business, Corporate
Education
University of Pennsylvania Law School,University of Virginia
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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