Corporate Attorneys Middletown NY

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, NY that can help answer your questions about Corporate Attorneys.

Burt J. Blustein
90 CRYSTAL RUN RD STE 409
MIDDLETOWN, NY
Specialties
Corporate, Banking, Commercial, Bankruptcy, Estate Planning
Education
Brooklyn Law School,State University of New York, Binghamton
State Licensing
New York

John Martin Clancy
34 GROVE ST
MIDDLETOWN, NY
Specialties
Wills, Trusts, Estate Planning, Probate, Business
Education
New York Law School,State University of New York, College at Oneonta
State Licensing
New York

Jeffrey D. Sherwin
34 GROVE ST
MIDDLETOWN, NY
Specialties
Litigation, Criminal Defense, Insurance, Real Estate, Corporate
Education
Case Western Reserve University School of Law,Bucknell University
State Licensing
New York

Douglas Richard Dollinger
204 MAIN ST
GOSHEN, NY
Specialties
Litigation, Personal Injury, Defective & Dangerous Products, Business
Education
State University of New York - College of Old Westbury,City University of New York
State Licensing
New York

Robert J. Dickover
28 BRUEN PL
GOSHEN, NY
Specialties
Criminal Defense, Real Estate, State, Local And Municipal Law, Estate Planning, Business
Education
St Lawrence University,Syracuse University
State Licensing
New York

Ronald S Kossar
(845) 343-5111
Po Box 548
Middletown, NY
Specialties
General Practice, Corporate, Commercial, Real Estate, Probate
Education
American University,Boston University
State Licensing
DC, New York

Paul T. Mcdermott
34 GROVE ST
MIDDLETOWN, NY
Specialties
Personal Injury, Insurance, Commercial, Litigation, Defective & Dangerous Products
Education
Cornell University,Hamilton College
State Licensing
New York

Ronald Jay Cohen
40 MATTHEWS ST STE 203
GOSHEN, NY
Specialties
Tax, Estate Planning, Real Estate, Commercial, Employee Benefits
Education
Quinnipiac University School of Law,Brooklyn College of the City University of New York,Saint John's
State Licensing
New York

James Patrick Ryan
40 MATTHEWS ST STE 203
GOSHEN, NY
Specialties
Tax, Corporate, Trusts, Estate Planning, Real Estate
Education
Vermont Law School,Boston University,St John Fisher College
State Licensing
New York

David Arthur Donovan
28 BRUEN PL
GOSHEN, NY
Specialties
Real Estate, Land Use & Zoning, State, Local And Municipal Law, Corporate, Litigation
Education
Albany Law School of Union University,Siena College
State Licensing
New York

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