Corporate Attorneys Howell MI

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 Howell, MI that can help answer your questions about Corporate Attorneys.

Monica J. Copeland
211 E GRAND RIVER AVE
HOWELL, MI
Specialties
Business, Criminal Defense, Family, Guardianship, Estate Planning
Education
Thomas M. Cooley Law School,Thomas M. Cooley Law School,Alma College,Alma College
State Licensing
Michigan

Glenn R. Matecun
(517) 548-1440
207 N Michigan Ave Ste 202
Howell, MI
Specialties
Estate Planning, Business, Real Estate, Probate
Education
Michigan State University College of Law,Wayne State University
State Licensing
Michigan

Kenneth V. Zichi
(810) 299-5222
515 E GRAND RIVER AVE
HOWELL, MI
Specialties
Probate, Estate Planning, Trusts, Power Of Attorney, Personal Injury, Divorce, General Practice, Corporate, Real Estate
Education
University of Michigan Law School,University of Michigan, Ann Arbor
State Licensing
Michigan

Robert C. Gardella
(810) 220-4200
8163 GRAND RIVER RD STE 100
BRIGHTON, MI
Specialties
Family, Divorce, Debt Collection, Criminal Defense, Corporate
Education
Thomas M. Cooley Law School,Michigan State University
State Licensing
Michigan

Christine Marie Heckler
(810) 227-1700
8163 Grand River Rd Ste 100
Brighton, MI
Specialties
Criminal Defense, Family, Estate Planning, Immigration, Business
Education
Thomas M. Cooley Law School
Aquinas College
State Licensing
Michigan

William J. Sheehy
(248) 444-0749
710 E GRAND RIVER AVE
HOWELL, MI
Specialties
Business, Lawsuits & Disputes, Divorce, Federal Regulation, Estate Planning
Education
New York University School of Law,University of Michigan Law School,Michigan State University,
State Licensing
Michigan

Kathleen M. Goetsch
121 S BARNARD ST
HOWELL, MI
Specialties
Real Estate, Business, Family, Divorce, Trusts
Education
Alma College,Michigan State University Detroit College of Law
State Licensing
Michigan

John L. Gormley
(517) 223-3758
101 East Grand River, Po Box 935
Fowlerville, MI
Specialties
Chapter 7, Probate, Chapter 13, Business, Divorce, Government, Estate Planning, Real Estate
Education
Michigan State University
State Licensing
Michigan

Kelly A. Myers
8163 GRAND RIVER RD
BRIGHTON, MI
Specialties
Debt Collection, Bankruptcy, Commercial, Real Estate
Education
University of Detroit School of Law,Alma College,Alma College,University of Detroit,London School of
State Licensing
Michigan

Roger L. Myers
8163 GRAND RIVER RD
BRIGHTON, MI
Specialties
Commercial, Land Use & Zoning, Real Estate
State Licensing
Michigan

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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