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

Travis Aaron Sabalewski
(804) 344-3442
1213 Goswick Ridge Road
Midlothian, VA
Specialties
Litigation, Commercial, Advertising
State Licensing
Virginia

Samuel Jonathan Kaufman
(804) 594-1911
15521 Midlothian Turnpike, Suite 300
Midlothian, VA
Specialties
Litigation, Business, Real Estate
Education
Union University,University of Richmond
State Licensing
Virginia

Mary Duane Ellis
(804) 744-6133
5104 West Village Green Drive
Midlothian, VA
Specialties
Estate Planning, Real Estate, Business, Tax
Education
Pennsylvania State University, Dickinson School of Law,Roanoke College
State Licensing
Virginia

Welford Lee Harris Jr.
(804) 674-5660
10132 Hull Street Road, Suite D
Midlothian, VA
Specialties
Real Estate, Estate Planning, Business
State Licensing
Virginia

Paul Herron Kunberger
(804) 330-3350
9100 Arboretum Parkway, Suite 300
Richmond, VA
Specialties
Business, Education, Immigration, Domestic Violence, Real Estate
Education
University of Baltimore School of Law,Virginia Commonwealth University
State Licensing
Virginia

Carolyn A. H. Bourdow
(804) 744-6133
5104 West Village Green Drive
Midlothian, VA
Specialties
Estate Planning, Administrative Law, Business, Tax
Education
University of Virginia School of Law,Dickinson College
State Licensing
Virginia

Albert Littleton Fary III
(804) 744-6133
5104 West Village Green Drive
Midlothian, VA
Specialties
Business, Intellectual Property, Internet
Education
Virginia Polytechnic Institute and State University,Widener University School of Law, Harrisburg PA
State Licensing
Virginia

Deborah O'Neal Jennings
(804) 335-0893
10138C Hull Street Rd
Midlothian, VA
Specialties
Family, Personal Injury, Real Estate, Business, Estate Planning
Education
University of Richmond, The T. C. Williams School of Law,University of Richmond
State Licensing
Virginia

Michael Gerald Bowen
(804) 744-6133
5104 West Village Green Drive
Midlothian, VA
Specialties
Business, Tax, Litigation
Education
University of Nebraska, Lincoln,University of Nebraska, Lincoln
State Licensing
Virginia

N. Leslie Saunders Jr.
(804) 330-3350
9100 Arboretum Parkway, Suite 300
Richmond, VA
Specialties
Commercial, Construction, Personal Injury, Real Estate, Business
Education
University of Richmond, The T. C. Williams School of Law,University of Richmond
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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