Corporate Attorneys Liberal KS

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 Liberal, KS that can help answer your questions about Corporate Attorneys.

Richard R. Yoxall
(620) 624-8444
101 W 4th St
Liberal, KS
Specialties
Business, Real Estate, Trusts, Estate Planning
Education
Washburn University School of Law,University of Kansas
State Licensing
Kansas

Frankie Joe Schwartz
(316) 626-4545
P.O. Box 948
Liberal, KS
Specialties
Business
Education
Washburn University
State Licensing
Texas

Michael D. Herd
(316) 631-3148
8621 East 21st Street North, Suite 200
Wichita, KS
Specialties
Aviation, Energy, Real Estate, Corporate, Mergers & Acquisitions, Probate
Education
Washburn University School of Law,Westminster College
State Licensing
Kansas

Mark A. Rondeau
(620) 792-8231
PO Box 1110
Great Bend, KS
Specialties
Banking, Litigation, Employment, Business, Agriculture
Education
Washburn University School of Law,Washburn University
State Licensing
Kansas

M. Bradley Watson
(913) 381-1121
8340 Mission Road, Suite 106, Corinth Office Building
Prairie Village, KS
Specialties
Business, Personal Injury
Education
University of Kansas School of Law,University of Kansas
State Licensing
Kansas

Jason Edward Maxwell
(620) 624-5599
500 North Kansas Avenue
Liberal, KS
Specialties
Estate Planning, Contracts, Corporate, Criminal Defense
Education
University of Oklahoma School of Law
State Licensing
Kansas

Robert Chris Robe
(316) 263-8294
301 N. Main Street, Suite 600
Wichita, KS
Specialties
Tax, Employee Benefits, Estate Planning, Business, Probate
Education
University of Kansas School of Law,University of Kansas
State Licensing
Kansas

Fent D. Laura
(316) 631-3118
8621 East 21st Street North, Suite 200
Wichita, KS
Specialties
Business, Corporate, Securities Offerings, Mergers & Acquisitions, Health Care
Education
University of Kansas School of Law,University of Kansas,University of Kansas,University of Kansas
State Licensing
Kansas

Stanley L. De Fries
(785) 234-3461
534 South Kansas Avenue, Suite 925
Topeka, KS
Specialties
Administrative Law, Tax, Litigation, Appeals, Corporate
Education
Washburn University School of Law,Ottawa University
State Licensing
Kansas

Thomas M Mullinix III
(913) 962-8700
7225 Renner Road, Suite 200
Shawnee, KS
Specialties
Business, Bankruptcy
Education
University of Kansas School of Law,Rockhurst College,University of Kansas
State Licensing
Kansas

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...

Click here to read the rest of this article from GlobalBx