Corporate Attorneys Hutchinson KS

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 Hutchinson, KS that can help answer your questions about Corporate Attorneys.

Charles D Lee
(620) 662-3331
20 COMPOUND DR
HUTCHINSON, KS
Specialties
Bankruptcy, Business, Litigation, Banking
Education
Washburn University School of Law,University of Kansas
State Licensing
Colorado, Kansas

S. Eric Steinle
(620) 662-3331
20 Compound Dr, PO Box 1907
Hutchinson, KS
Specialties
Business, Banking, Education, Litigation, Employment
Education
Washburn University School of Law,Bethany College
State Licensing
Kansas

Jerry L. Ricksecker
(620) 662-3331
PO Box 1907
Hutchinson, KS
Specialties
Estate Planning, Business, Real Estate, Family, Wills
Education
Washburn University School of Law,University of Kansas
State Licensing
Kansas

Arlyn Miller
(620) 662-3331
PO Box 1907, 20 Compound Dr
Hutchinson, KS
Specialties
Bankruptcy, Business, Estate Planning, Banking, Wills
Education
University of Kansas School of Law,Yale University
State Licensing
Kansas

John B. Swearer
(620) 662-3331
PO Box 1907
Hutchinson, KS
Specialties
Business, Employment, Estate Planning, Banking, Trusts
Education
University of Kansas School of Law,Grinnell College
State Licensing
Kansas

William B. Swearer
(620) 662-3331
20 Compound Dr.
Hutchinson, KS
Specialties
Business, Banking, Corporate, Education, Estate Planning
Education
University of Kansas School of Law,Princeton University
State Licensing
Kansas

Elwin F. Cabbage
(620) 662-3331
20 Compound Dr
Hutchinson, KS
Specialties
Banking, Business, Corporate, Estate Planning, Tax
Education
Washburn University School of Law,Washburn University
State Licensing
Kansas

James R. Gilliland
(620) 662-0537
20 W 2nd Ave 2nd Fl PO Box 2977
Hutchinson, KS
Specialties
Real Estate, Corporate, Probate, Estate Planning, Banking
Education
University of Kansas School of Law
State Licensing
Kansas

Gerald L. Green
(620) 662-0537
20 W 2nd Ave 2nd Fl PO Box 2977
Hutchinson, KS
Specialties
Business, Personal Injury, Litigation, Insurance, Health Care
Education
Washburn University School of Law,Washburn University
State Licensing
Kansas

John E. Caton
(620) 662-3331
20 Compound Dr, PO Box 1907
Hutchinson, KS
Specialties
Business, Public Finance, Real Estate, Education
Education
Washburn University School of Law,Kansas State University
State Licensing
Kansas

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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