Corporate Attorneys Iowa City IA

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 Iowa City, IA that can help answer your questions about Corporate Attorneys.

Andrew John Hosmanek
(319) 338-9222
122 South Linn Street
Iowa City, IA
Specialties
Litigation, Business, Appeals
Education
University of Iowa College of Law,University of Iowa,University of Iowa Henry B. Tippie School of Ma
State Licensing
Iowa

Joseph Edward Schmall
(319) 861-8729
Tower Place, One South Gilbert Street
Iowa City, IA
Specialties
Real Estate, Business, Bankruptcy, Employment
Education
University of Iowa College of Law,Loras College
State Licensing
Iowa

Michael K. Denney
(319) 861-8728
Tower Place, One South Gilbert Street
Iowa City, IA
Specialties
Business, Securities Offerings, Mergers & Acquisitions
Education
University of Kansas School of Law,University of Kansas
State Licensing
Iowa

Kimberly Holst Blankenship
(319) 861-8761
Tower Place, One South Gilbert St.
Iowa City, IA
Specialties
Business, Litigation, Immigration
Education
University of Iowa College of Law,University of Iowa
State Licensing
Iowa

Joseph C. Johnston
(319) 354-1712
1927 Keokuk Street
Iowa City, IA
Specialties
Personal Injury, Litigation, Business
Education
University of Iowa College of Law
State Licensing
Iowa

Shawn Michael Fitzgerald
(319) 354-1712
1927 Keokuk St.
Iowa City, IA
Specialties
Criminal Defense, Litigation, Personal Injury, Business, Real Estate
Education
John Marshall Law School, Chicago,University of Iowa
State Licensing
Illinois, Iowa

David Jason Bright
(319) 338-9222
122 S. Linn Street
Iowa City, IA
Specialties
Litigation, Business, Family, Real Estate, Estate Planning
Education
University of Iowa College of Law,University of Iowa
State Licensing
Iowa

Maureen Gronstal Kenney
(319) 861-8743
Tower Place, One South Gilbert Street
Iowa City, IA
Specialties
Estate Planning, Business, Tax, Real Estate
Education
University of Iowa College of Law,Saint Mary's College
State Licensing
Iowa

Donald Guy Thompson
(319) 358-5568
Tower Place, One South Gilbert Street
Iowa City, IA
Specialties
Business, Litigation, Construction, Appeals, Mediation
Education
University of Nebraska College of Law,University of Nebraska, Lincoln
State Licensing
Iowa

Patrick M. Courtney
(319) 466-1511
One South Gilbert Street
Iowa City, IA
Specialties
Tax, Estate Planning, Business
Education
Creighton University School of Law,Georgetown University,University of Iowa
State Licensing
Iowa

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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Iowa Antitrust Laws

Antitrust Code Section: Iowa Competition Law: 553.1, et seq.

Time Limit to Bring Claim: 4 yrs.

Is a Private Lawsuit Possible? Yes; state may also bring suit

Can a Successful Plaintiff Recover Attorneys' Fees? Yes for individual plaintiff but not for state

From www.findlaw.com