Corporate Attorneys Liberty MO

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 Liberty, MO that can help answer your questions about Corporate Attorneys.

Stephen Kurt Lehnardt
(816) 407-1400
20 Westwoods Drive
Liberty, MO
Specialties
Estate Planning, Business, Real Estate
State Licensing
Missouri

Detlef Gunter Lehnardt
(816) 407-1400
20 Westwoods Drive
Liberty, MO
Specialties
Antitrust, Business, Real Estate
State Licensing
Missouri

Paul G. Danaher
(816) 423-8893
#100, 5440 N. Oak Trafficway
Kansas City, AL
Specialties
Business, Wrongful Death, Personal Injury
Education
University of Missouri - Kansas City School of Law,University of Dallas
State Licensing
Missouri

Richard Joseph Herndon
(816) 628-4900
P.O. Box 617, 211 Platte Clay Way - Suite B
Kearney, MO
Specialties
Business, Estate Planning, Probate, Trusts
Education
University of Missouri - Kansas City School of Law,Truman State University
State Licensing
Missouri

Wesley O. Fields
(816) 391-7667
One Kansas City Place, 1200 Main Street, Suite 3500
Kansas City, MO
Specialties
Banking, Business, Corporate
Education
University of Virginia School of Law,Yale University
State Licensing
Kansas

Ryan Lee Mcclelland
(816) 781-0002
2124 Winding Woods Dr
Liberty, MO
Specialties
Education, Business, Employment
State Licensing
Missouri

Donald J. Lock
(816) 873-8137
3000 Brooktree Lane, Ste. 230
Kansas City, MO
Specialties
Criminal Defense, General Practice, Family, Business, Estate Planning
Education
University of Missouri - Columbia School of Law
State Licensing
Missouri

Gregory Alan Leyh
(888) 882-6049
Suite I, 104 Ne 72nd St
Gladstone, MO
Specialties
Class Action, Defective & Dangerous Products, Commercial, Personal Injury
Education
University of Minnesota
State Licensing
Missouri

Jessica L. Simpson
(816) 903-5377
Suite 203, 455 Sam Barr Drive
Kearney, MO
Specialties
Family, Business, Estate Planning, Animal Law, International Law
Education
George Washington University National Law Center
State Licensing
Missouri

William Christian Boggs
6406 N.W. Cosby
Kansas City, MO
Specialties
Criminal Defense, Family, Business, Estate Planning, Personal Injury
Education
University of Missouri - Columbia School of Law
State Licensing
Missouri

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

Local Events

7-Eleven Franchise Seminar
Dates: 11/10/2020 – 11/10/2020
Location:
Regus Office - 7-Eleven, Inc. Overland Park
View Details