Corporate Attorneys Kenner LA

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 Kenner, LA that can help answer your questions about Corporate Attorneys.

James L Melchers
(504) 467-1092
909 W Esplanade Ave Ste 206
Kenner, LA
Specialties
Business, Estate Planning
Education
University of South Carolina School of Law,College of Charleston
State Licensing
Louisiana

John A. Poindexter
(504) 734-4827
Dyn Mcdermott Petro Oper Co, 850 S Clearview Pkwy # Msef-17
New Orleans, LA
Specialties
Business
Education
Tulane University
State Licensing
Texas

W. Evan Plauche
(504) 836-6500
1 Galleria Blvd Ste 1400
Metairie, LA
Specialties
Defective & Dangerous Products, Environmental, Litigation, Insurance, Corporate
Education
Loyola University New Orleans College of Law,Tulane University,University of New Orleans
State Licensing
Louisiana

Henry A. Miller
(504) 669-8344
3717 Edenborn Avenue
Metairie, LA
Specialties
Business, Venture Capital, Tax
Education
Emory University
State Licensing
Georgia

Elton A. Foster
(504) 832-7642
3838 N Causeway Blvd Ste 3160
Metairie, LA
Specialties
Lawsuits & Disputes, Business, Insurance
Education
Tulane University
State Licensing
Texas

Michael Stephen Brandner Jr.
(504) 888-5456
4636 Sanford St
Metairie, LA
Specialties
Personal Injury, Transportation, Maritime, Corporate, Real Estate
Education
Boston University School of Law,Loyola University New Orleans College of Law,Louisiana State Univers
State Licensing
Louisiana

Don M Richard
(504) 833-5600
1 Galleria Blvd Ste 1100PO Box 931
Metairie, LA
Specialties
Business, Litigation, Insurance, Personal Injury, Medical Malpractice
Education
Loyola University School of Law,St. Joseph Seminary College
State Licensing
Louisiana

David R Sherman
(504) 833-5600
1 Galleria Blvd Ste 1100
Metairie, LA
Specialties
Tax, Estate Planning, Business, Corporate, Health Care
Education
Boston University School of Law,University of New Orleans,Loyola University School of Law
State Licensing
Louisiana

John F. Young
(504) 836-6500
1 Galleria Blvd Ste 1400
Metairie, LA
Specialties
Maritime, Litigation, Corporate, Insurance
Education
Loyola University School of Law,Loyola University
State Licensing
Louisiana

Jacqueline G Griffith
(504) 962-4272
1 Galleria Blvd Ste 1100
Metairie, LA
Specialties
Business, Litigation, Workers Compensation, Medical Malpractice, Health Care
Education
Holy Cross College,Loyola University School of Law,Louisiana State University
State Licensing
Louisiana

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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