Corporate Attorneys Hendersonville TN

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 Hendersonville, TN that can help answer your questions about Corporate Attorneys.

Ronald Buford Buchanan
(615) 822-5700
165 INDIAN LAKE BLVD STE 101
HENDERSONVILLE, TN
Specialties
Business, Real Estate, Commercial, Estate Planning, Litigation
Education
Nashville School of Law ,Vanderbilt University
State Licensing
Tennessee

William Ronald Wright
(615) 780-7977
130 MAPLE DR N # 2
HENDERSONVILLE, TN
Specialties
Estate Planning, Business, Litigation, Government, Land Use & Zoning
Education
Nashville School of Law,Middle Tennessee State University
State Licensing
Tennessee

Susan R. High-McAuley
(615) 780-7985
130 MAPLE DR N FL 2
HENDERSONVILLE, TN
Specialties
Litigation, Employment, Business, Appeals, Tax
Education
University of Tennessee College of Law,University of Tennessee
State Licensing
Tennessee

Gerald Wayne Detring
(615) 822-5700
165 INDIAN LAKE BLVD STE 101
HENDERSONVILLE, TN
Specialties
Family, Personal Injury, Estate Planning, Business
Education
Vanderbilt University Law School ,Southeast Missouri State University
State Licensing
Tennessee

Alan E. Korpady
1287 Twelve Stones Xing
Goodlettsville, TN
Specialties
Business, Intellectual Property
Education
U of Wisconsin
State Licensing
Tennessee, Wisconsin

Johnny Claude Garrett IV
(615) 780-7982
130 MAPLE DR N
HENDERSONVILLE, TN
Specialties
Business, Real Estate, Litigation, Estate Planning, Family
Education
Nashville School of Law,University of Tennessee
State Licensing
Tennessee

Marshall Thomas Cook
(615) 780-7975
130 MAPLE DR N FL 2
HENDERSONVILLE, TN
Specialties
Employment, Business, Litigation, Personal Injury
Education
Samford University, Cumberland School of Law ,Carson-Newman College
State Licensing
Tennessee

Michael Wayne Edwards
(615) 822-0431
177 E MAIN ST
HENDERSONVILLE, TN
Specialties
Lawsuits & Disputes, Real Estate, Personal Injury, Business, Civil Rights
Education
Nashville School of Law ,Belmont University
State Licensing
Tennessee

Randi Leann Crawford
1000 Northchase Dr Ste 301
Goodlettsville, TN
Specialties
Criminal Defense, Business, Divorce, Probate
Education
NASHVILLE
State Licensing
Tennessee

Walter Hinds Stubbs Jr
(615) 452-4321
1190 NASHVILLE PIKE
GALLATIN, TN
Specialties
Litigation, Business, Personal Injury, Criminal Defense, Family
Education
Vanderbilt University School of Law,Middle Tennessee State University
State Licensing
Tennessee

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...

Click here to read the rest of this article from GlobalBx