Corporate Attorneys Manassas VA

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 Manassas, VA that can help answer your questions about Corporate Attorneys.

Tony Clayton Boone
(703) 369-4738
9200 Church Street, Suite 400
Manassas, VA
Specialties
Real Estate, Business
State Licensing
DC, Maryland

Peter Owen Francescon
(703) 361-9090
Suite 200, 9300 Grant Avenue
Manassas, VA
Specialties
Criminal Defense, Business, Personal Injury
State Licensing
Virginia

Richard I Hutson
(703) 818-2600
12644 Chapel Rd, Suite 206
Clifton, VA
Specialties
Business, Real Estate
Education
Ohio Northern University - Claude W. Pettit College of Law,Cornell University
State Licensing
Maryland, Virginia

James D Fullerton
(703) 818-2600
12644 CHAPEL RD STE 206
CLIFTON, VA
Specialties
Real Estate, Business
Education
University of Virginia School of Law,University of Colorado - Boulder
State Licensing
DC, Maryland

Turkessa Bynum Rollins
(703) 818-2600
12644 Chapel Road, Suite 206
Clifton, VA
Specialties
Business, Real Estate
Education
George Mason University School of Law,Trenton State College
State Licensing
Maryland, Virginia

Carolyn Pruitt
(703) 368-9196
9214 Center St., Ste 101
Manassas, VA
Specialties
Business, Litigation, Landlord & Tenant
State Licensing
DC

Paul Michael Schrader
(703) 818-2600
12644 Chapel Road, Suite 206
Clifton, VA
Specialties
Business, Real Estate
Education
Washington and Lee University School of Law,University of Michigan, Ann Arbor
State Licensing
Virginia

Hyo Hyun Han
(703) 818-2600
12644 Chapel Road, Suite 206
Clifton, VA
Specialties
Business, Real Estate
Education
George Mason University,George Mason University,Catholic University of America, Columbus School of L
State Licensing
Virginia

John David Purdy
(703) 818-2600
Fullerton & Knowles Pc, 12642 Chapel Rd
Clifton, VA
Specialties
Business, Real Estate
Education
Pennsylvania State University, Dickinson School of Law,George Mason University
State Licensing
Pennsylvania, Virginia

Christopher Broughton Shedlick
(703) 503-8088
P.O. Box 7514
Fairfax Station, VA
Specialties
Bankruptcy, Litigation, Commercial
Education
George Mason University School of Law
State Licensing
Virginia

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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Virginia Antitrust Laws

Antitrust Code Section: Virginia Antitrust Act: 59.1-9.1, et seq.

Time Limit to Bring Claim: 4 yrs. or 1 yr. after conclusion of action

Is a Private Lawsuit Possible? Yes; attorney general power to enforce

Can a Successful Plaintiff Recover Attorneys' Fees? Yes

From www.findlaw.com