Corporate Attorneys Lake Geneva WI

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 Lake Geneva, WI that can help answer your questions about Corporate Attorneys.

James P. Martin
(262) 249-8888
547 CENTER ST
LAKE GENEVA, WI
Specialties
Business, Criminal Defense, Estate Planning, Real Estate, Litigation
Education
Marquette University Law School,Gonzaga University
State Licensing
Wisconsin

James P. Howe
(262) 723-3220
354 SEYMOUR CT
ELKHORN, WI
Specialties
Commercial, Residential, Construction, Real Estate, Business
Education
Notre Dame Law School
State Licensing
Wisconsin

Kim A. Howarth
(262) 723-3220
354 SEYMOUR CT
ELKHORN, WI
Specialties
Business, Litigation, Construction
Education
University of Wisconsin Law School
State Licensing
Wisconsin

Randall G. Leece
(262) 723-7040
6 WEST STREET PO BOX 710
ELKHORN, WI
Specialties
Personal Injury, Business, Divorce, Real Estate, Estate Planning
Education
Marquette University Law School ,Concordia College-Moorhead
State Licensing
Wisconsin

Joseph T. Lovett
(262) 723-5480
114 NORTH CHURCH STREET PO BOX 318
ELKHORN, WI
Specialties
Business, State, Local And Municipal Law, Public Finance, Real Estate, Land Use & Zoning
Education
University of Wisconsin Law School ,University of Wisconsin, Milwaukee
State Licensing
Wisconsin

Kimberly Anne Buttram
(262) 248-6800
527 Center St Ste 2
Lake Geneva, WI
Specialties
Family, Real Estate, Business
Education
U of Oklahoma
State Licensing
Texas, Wisconsin

John Leonard Maier Jr.
(815) 723-5480
114 N. Church Street, PO Box 318
Elkhorn, WI
Specialties
Business, Real Estate, Land Use & Zoning, Estate Planning
Education
University of Wisconsin Law School ,Marquette University
State Licensing
Illinois, Wisconsin

Bradley J. Lochowicz
(262) 723-5003
23 N WISCONSIN ST PO BOX 470
ELKHORN, WI
Specialties
Personal Injury, Criminal Defense, Workers Compensation, Social Security, Corporate
Education
Marquette University Law School,Marquette University
State Licensing
Wisconsin

Lisle W. Blackbourn
(262) 723-3220
354 SEYMOUR CT
ELKHORN, WI
Specialties
Litigation, Business, Personal Injury
Education
Marquette University Law School
State Licensing
Wisconsin

Nicholas A. Egert
(262) 723-5480
114 NORTH CHURCH STREET PO BOX 318
ELKHORN, WI
Specialties
Business, Real Estate, Estate Planning, Probate
Education
Marquette University Law School ,Purdue University
State Licensing
Wisconsin

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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