Corporate Attorneys Middletown CT

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 Middletown, CT that can help answer your questions about Corporate Attorneys.

Jody P Benbow
(860) 347-9987
116 WASHINGTON ST
MIDDLETOWN, CT
Specialties
Real Estate, Employment, Business, Estate Planning
Education
Western New England College School of Law,University of Connecticut
State Licensing
Connecticut

William Howard
(860) 346-1377
386 MAIN ST
MIDDLETOWN, CT
Specialties
Real Estate, Estate Planning, Litigation, Corporate, State, Local And Municipal Law
Education
Georgetown University Law Center,Harvard University Law School,University of Connecticut
State Licensing
Connecticut

Myron Poliner
(860) 346-8691
Antin Cienava Rocco Pc, 516 Main Street
Middletown, CT
Specialties
Real Estate, Estate Planning, Business
State Licensing
Connecticut

Jennifer Gagosz Farrell
(860) 347-9987
P.O. Box 1235, 116 Washington Street
Middletown, CT
Specialties
Business, Probate, Personal Injury, Real Estate, Litigation
Education
Southern Methodist University
State Licensing
Texas

Sebastian J Scalora
(860) 344-9045
100 RIVERVIEW CTR STE 285
MIDDLETOWN, CT
Specialties
Personal Injury, Foreclosure, Commercial, Residential, Business
Education
Quinnipiac University School of Law,Central Connecticut State University
State Licensing
Connecticut

Jane S Mcmillan
(860) 346-1377
386 MAIN ST
MIDDLETOWN, CT
Specialties
Corporate, Estate Planning, Probate
Education
State University of New York at Buffalo School of Law,University of Pennsylvania,Wesleyan University
State Licensing
Connecticut

Carl P Fortuna JR
(860) 347-5607
134 WASHINGTON ST
MIDDLETOWN, CT
Specialties
Business, Criminal Defense, Family, Personal Injury, Real Estate
Education
Fordham University School of Law,Boston College
State Licensing
Connecticut

AnnMarie Cienava Rocco
(860) 395-6340
200 Court Street
Middletown, CT
Specialties
Family, Real Estate, Business
State Licensing
Massachusetts

David J Tycz
(860) 346-1377
386 MAIN ST
MIDDLETOWN, CT
Specialties
Real Estate, Litigation, Corporate, Estate Planning, State, Local And Municipal Law
Education
University of Connecticut School of Law,Providence College
State Licensing
Connecticut

Diana Lynn Bartolotta
386 Main Street, 3rd Floor
Middletown, CT
Specialties
Real Estate, Probate, Business
Education
Vanderbilt University Law School,Carnegie Mellon University,University of Massachusetts, Amherst
State Licensing
Connecticut

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