Corporate Attorneys Johnson City TN

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 Johnson City, TN that can help answer your questions about Corporate Attorneys.

Walter Lee Davis Jr.
(423) 929-7000
121 E UNAKA AVE
JOHNSON CITY, TN
Specialties
Estate Planning, Real Estate, Corporate, Probate
Education
Vanderbilt University Law School,Memphis State University
State Licensing
North Carolina, Tennessee

Jennifer Penland Keller
(423) 928-0181
100 Med Tech Pkwy Ste 200, Po Box 3038
Johnson City, TN
Specialties
Employment, Business, Litigation
Education
UNIV TN
State Licensing
Tennessee

Edward Thurston Brading
(423) 434-4700
104 E MAIN ST
JOHNSON CITY, TN
Specialties
Appeals, Corporate, Probate, Real Estate, Bankruptcy
Education
Vanderbilt University Law School,Vanderbilt University,Memphis State University
State Licensing
Tennessee

James Edward Brading II
(423) 434-4700
104 E MAIN ST
JOHNSON CITY, TN
Specialties
Appeals, Corporate, Probate, Real Estate, Ethics
Education
Yale Law School,Vanderbilt University
State Licensing
Tennessee

Charles Thaddeus Herndon IV
(423) 434-4700
104 EAST MAIN STREET PO BOX 1160
JOHNSON CITY, TN
Specialties
Appeals, Corporate, Ethics, Litigation
Education
University of Tennessee College of Law,University of Tennessee, Knoxville (main)
State Licensing
Tennessee

Thomas Clifford McKee
(423) 434-4700
104 E MAIN ST
JOHNSON CITY, TN
Specialties
Appeals, Corporate, State, Local And Municipal Law, Real Estate, Litigation
Education
University of Tennessee College of Law,University of North Carolina, Chapel Hill
State Licensing
Tennessee

Steven Howard Trent
(423) 928-0181
100 MED TECH PKWY
JOHNSON CITY, TN
Specialties
Employment, Business, Health Care
Education
VANDERBILT
State Licensing
Tennessee

Bryan Bradley Martin
(423) 928-3636
3600 W MARKET ST
JOHNSON CITY, TN
Specialties
Personal Injury, Litigation, Business, Real Estate, Family
Education
University of Memphis - Cecil C. Humphreys School of Law,East Tennessee State University
State Licensing
Tennessee

Billie Jo Farthing
(423) 434-4700
104 EAST MAIN STREET PO BOX 1160
JOHNSON CITY, TN
Specialties
Appeals, Corporate, Probate, Real Estate, Litigation
Education
University of Tennessee College of Law,East Tennessee State University
State Licensing
Tennessee

David Lynn Robbins
(423) 542-6250
109 N. Sycamore St., Suite B
Elizabethton, TN
Specialties
Personal Injury, Social Security, Wills, Contracts, Criminal Defense, Environmental, Animal Law, Business, Commercial
Education
Appalachian School of Law
Pennsylvania State University
State Licensing
Tennessee

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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Tennessee Antitrust Laws

Antitrust Code Section: 47-25-101, et seq.

Time Limit to Bring Claim: Not specified

Is a Private Lawsuit Possible? Yes; attorney general and reporter power to institute criminal proceedings

Can a Successful Plaintiff Recover Attorneys' Fees? No

From www.findlaw.com