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

Jeffrey Allen Houston
(620) 241-0554
120 W. Kansas Avenue P.O. Box 1146
McPherson, KS
Specialties
Business, Estate Planning, Banking, Health Care, Debt Collection
Education
University of Kansas School of Law,University of Kansas
State Licensing
Kansas

John B. Klenda
(620) 241-8800
100 W Kansas Ave, PO Box 1103
McPherson, KS
Specialties
Contracts, Business, Criminal Defense, Family, State, Local And Municipal Law
Education
Washburn University School of Law,Emporia State University,University of Kansas
State Licensing
Kansas

Brett A Reber
(620) 241-0554
120 W. Kansas Avenue P.O. Box 1146
McPherson, KS
Specialties
Business, Litigation, Banking, Corporate
Education
University of Tulsa College of Law,University of Kansas
State Licensing
Kansas

Jeffrey A. Houston
(620) 241-0554
The Bremyer Building, 120 W. Kansas Avenue, P.O. Box 1146
McPherson, KS
 
Lawrence Weaver Bigus
(913) 344-8026
10975 Benson, Suite 550
Overland Park, KS
Specialties
Bankruptcy, Litigation, Real Estate, Mergers & Acquisitions, Business
Education
University of Kansas School of Law,University of Houston
State Licensing
Kansas

Timothy Roy Karstetter
(620) 241-8800
100 W Kansas Ave, Ste 201
McPherson, KS
Specialties
Business, Real Estate, Personal Injury, Estate Planning, Trusts
Education
Washburn University School of Law,Pittsburg State University
State Licensing
Kansas

Casey R Law
(620) 241-0554
120 W. Kansas Avenue P.O. Box 1146
McPherson, KS
Specialties
Business, Debt Collection, Litigation, Employment, Real Estate
Education
University of Kansas School of Law,McPherson College
State Licensing
Kansas

Robert W Wise
(620) 241-0554
120 W. Kansas Avenue P.O. Box 1146
McPherson, KS
Specialties
Arbitration, Mediation, Banking, Corporate, Estate Planning
Education
George Washington University National Law Center,McPherson College,McPherson College
State Licensing
Kansas

Brett A. Reber
(620) 241-0554
The Bremyer Building, 120 W. Kansas Avenue, P.O. Box 1146
McPherson, KS
 
Richard L Zinn
(785) 843-6600
1211 Massachusetts St. P.O. Box 667
Lawrence, KS
Specialties
Estate Planning, Tax, Real Estate, Business
Education
University of Kansas School of Law,Stanford University
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...

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