Corporate Attorneys Latrobe PA

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 Latrobe, PA that can help answer your questions about Corporate Attorneys.

Melissa A. Guiddy
121 N MAIN ST PARK BLDG
GREENSBURG, PA
Specialties
Business, Commercial, Employment, Employee Benefits, Insurance
Education
Widener University School of Law,University of Pittsburgh, Pittsburgh,University of Pittsburgh, Pitt
State Licensing
Pennsylvania

Harry F. Smail Jr.
126 W PITTSBURGH ST STE 2
GREENSBURG, PA
Specialties
Litigation, Business, Family, Wills, Estate Planning
Education
Duquesne University School of Law,Grove City College
State Licensing
Pennsylvania

Lisa Galloway Monzo
(724) 834-0300
117 N MAIN ST
GREENSBURG, PA
Specialties
Business, Workers Compensation, Personal Injury, Criminal Defense
Education
Ohio Northern University - Claude W. Pettit College of Law,University of Richmond
State Licensing
Pennsylvania

John K. Bryan
132 S MAIN ST STE 400
GREENSBURG, PA
Specialties
Commercial, Construction, Medical Malpractice, Insurance, Employment, Personal Injury, Workers Compensation
Education
University of Pittsburgh, Pittsburgh,University of Pittsburgh Graduate School
State Licensing
Pennsylvania

Barry B. Gindlesperger
226 S MAPLE AVE STE 208
GREENSBURG, PA
Specialties
Personal Injury, Business, General Practice
State Licensing
Pennsylvania

Robert W. King
121 N MAIN ST PARK BLDG
GREENSBURG, PA
Specialties
Personal Injury, Litigation, Corporate, Business, Workers Compensation
Education
Cleveland State University - Cleveland-Marshall College of Law,Denison University,Denison University
State Licensing
Pennsylvania

John Michael Biondi
132 S MAIN ST STE 400
GREENSBURG, PA
Specialties
Car Accident, Medical Malpractice, Employment, Workers Compensation, Commercial
Education
Ohio Northern University - Claude W. Pettit College of Law,Gannon University
State Licensing
Pennsylvania

Brian P. Cavanaugh
229 S MAPLE AVE
GREENSBURG, PA
Specialties
Bankruptcy, Debt Collection, Commercial, Wills
Education
Cleveland State University - Cleveland-Marshall College of Law,West Virginia University
State Licensing
Pennsylvania

Bernard T. McArdle
229 S MAPLE AVE
GREENSBURG, PA
Specialties
Contracts, Debt Collection, Business, Insurance, Construction
Education
University of Pittsburgh School of Law,Clarion University of Pennsylvania
State Licensing
Pennsylvania

William F. Caruthers II
114 S MAIN ST
GREENSBURG, PA
Specialties
Personal Injury, Real Estate, Commercial, Business, Criminal Defense
Education
University of Pittsburgh’s School of Law,University of Michigan
State Licensing
Pennsylvania

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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