Corporate Attorneys Hobbs NM

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 Hobbs, NM that can help answer your questions about Corporate Attorneys.

Natalie Claire Lehman
P.O. Box 1043
Hobbs, NM
Specialties
Business, Probate
Education
California Western School of L
State Licensing
Texas

James M. Maddox
(505) 393-0505
220 West Broadway, Suite 200, P.O. Box 2508
Hobbs, NM
 
Debora Estela Ramirez
(505) 917-9011
801 Mcduffie Circle Ne
Albuquerque, NM
Specialties
Business, Administrative Law
Education
University of Houston
State Licensing
Texas

James Sutton Witt III
(360) 458-5126
Po Box 2282
Carlsbad, NM
Specialties
Agriculture, Corporate, Environmental, Land Use & Zoning
State Licensing
Washington

Rosemary Strunk
(505) 766-9926
2155 Louisiana Blvd Ne Ste 10300
Albuquerque, NM
Specialties
Contracts, Corporate, Land Use & Zoning, Lawsuits & Disputes
Education
Hamline University School of Law,Grinnell College
State Licensing
Arizona, Minnesota, New Mexico, Washington

Casey A. Barthel
(505) 393-0505
220 West Broadway, Suite 200, P.O. Box 2508
Hobbs, NM
 
Scotty Holloman
(505) 393-0505
220 West Broadway, Suite 200, P.O. Box 2508
Hobbs, NM
 
Carol F. Graebner
(505) 241-2852
Alvarado Square Ms 1200
Albuquerque, NM
Specialties
Business
Education
American University
State Licensing
Texas

Heather Travis Boone
(505) 662-1026
1200 Trinity Dr
Los Alamos, NM
Specialties
Business
Education
Washington & Lee University
State Licensing
Texas

Ricardo Mendoza Contreras
(505) 764-5443
201 Third Street Nw, Suite 1950
Albuquerque, NM
Specialties
Business, Fraud, Administrative Law, International Law, Landlord & Tenant
Education
University of Iowa
State Licensing
Texas

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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