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

Casey A. Barthel
(505) 393-0505
220 West Broadway, Suite 200, P.O. Box 2508
Hobbs, NM
 
Robert M Hall
(888) 222-1328
6001 Indian School Rd NE Suite 160
Albuquerque, NM
Specialties
Estate Planning, Partnership, Business, Elder Law, Guardianship, Power Of Attorney, Tax, Probate, LLC, Trusts, Prenuptials, Wills
Education
University of Arizona College of Law,Brigham Young University
State Licensing
Arizona, New Mexico

Steven Lamont Lovett
-54375750
500 10th Street, Po Box 1810
Alamogordo, NM
Specialties
Appeals, Business, Employment, Social Security, Personal Injury, Real Estate, Litigation
Education
St. Mary's University
State Licensing
Texas

Lamar D. Treadwell II
(505) 660-0602
551 W Cordova Rd # 720
Sante Fe, NM
Specialties
Business
Education
Texas Tech University
State Licensing
Texas

Scotty Holloman
(505) 393-0505
220 West Broadway, Suite 200, P.O. Box 2508
Hobbs, NM
 
James M. Maddox
(505) 393-0505
220 West Broadway, Suite 200, P.O. Box 2508
Hobbs, NM
 
Dana Marie Kyle
-55258202
P.O. Box 2277
Las Cruces, NM
Specialties
Tax, Business, Probate, Real Estate
Education
University of Missouri: Kansa
State Licensing
Texas

Alicia Danielle Bucko
(505) 269-5497
1411 Ridgecrest Loop Se
Albuquerque, NM
Specialties
Business
Education
Case Western Reserve Univ,Concord Law School
State Licensing
California

Gary E. Risley
(505) 326-1776
4991 N. Butler
Farmington, NM
Specialties
Business
Education
Baylor University
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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