Corporate Attorneys Kokomo IN

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 Kokomo, IN that can help answer your questions about Corporate Attorneys.

Thomas J. Trauring
(765) 457-9321
515 West Sycamore Street, P.O. Box 958
Kokomo, IN
 
James B. McIntyre
(765) 456-3827
116 North Main Street, P.O. Box 1047
Kokomo, IN
 
Bonnie Carole Coleman
(219) 641-8700
8700 BROADWAY
MERRILLVILLE, IN
Specialties
Corporate, Business, Real Estate, Estate Planning, Education
Education
Valparaiso University School of Law,Ripon College
State Licensing
Indiana

Thomas Edward Satrom
(317) 237-3217
201 N ILLINOIS ST STE 1000
INDIANAPOLIS, IN
Specialties
Business, Litigation
Education
Williams College,Indiana University School of Law
State Licensing
Indiana

Jeffrey Brooks Harding
(260) 969-5932
701 S Clinton St # 316
Fort Wayne, IN
Specialties
Business, Real Estate, Corporate, Litigation, Estate Planning
Education
Marquette U
State Licensing
Indiana, Wisconsin

Alan D. Wilson
(765) 457-9321
515 West Sycamore Street, P.O. Box 958
Kokomo, IN
 
Kevin Gerald Harvey
(317) 462-3455
Five Courthouse Plaza, P.O. Box 455
Greenfield, IN
Specialties
Litigation, Personal Injury, Business, Estate Planning, Bankruptcy
Education
Augustana College,Indiana University School of Law
State Licensing
Indiana

Ronald Eugene James
(260) 424-7077
3505 LAKE AVE
FORT WAYNE, IN
Specialties
Litigation, Estate Planning, Personal Injury, Business, Real Estate
Education
Saint Joseph's College,Indiana University School of Law
State Licensing
Indiana

Timothy Alen McGeath
(317) 977-1451
1 AMERICAN SQ
INDIANAPOLIS, IN
Specialties
Business, Health Care, Tax
Education
Georgetown University,Hanover College,Indiana University School of Law
State Licensing
Indiana

Susan Gale Gainey
(317) 638-4521
151 North Delaware Street, Suite 600
Indianapolis, IN
Specialties
Business, Construction, Education, Employment, Government
Education
Valparaiso University School of Law,Indiana University
State Licensing
Indiana

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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