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

John W Hogan JR
(203) 227-9545
75 BROAD ST
MILFORD, CT
Specialties
Business, Real Estate, Mergers & Acquisitions, Estate Planning, Wills
Education
University of Connecticut School of Law,College of the Holy Cross
State Licensing
Connecticut

Leo P Carroll
(203) 877-5471
Carveth-26 Cherry St., P.O. Box 432
Milford, CT
Specialties
Real Estate, Commercial, Residential
State Licensing
Connecticut

David A Slossberg
(203) 877-8000
147 NORTH BROAD STREET PO BOX 112
MILFORD, CT
Specialties
Litigation, Class Action, Business, Employment
Education
New York University School of Law,Columbia University
State Licensing
Connecticut

Christopher M Cody
(203) 878-7491
185 BROAD ST
MILFORD, CT
Specialties
Personal Injury, Corporate, Probate, Land Use & Zoning, Construction
Education
University of Connecticut School of Law,University of Rhode Island
State Licensing
Connecticut

Rolan J Young
(203) 227-9545
75 BROAD ST
MILFORD, CT
Specialties
Real Estate, Business, State, Local And Municipal Law
Education
American University, Washington College of Law,Dartmouth College
State Licensing
Connecticut

Daniel Robert Hamad
(203) 878-1254
326 W. Main Street, Suite 202
Milford, CT
Specialties
Real Estate, Commercial, Insurance, Banking
Education
Northeastern University School of Law,Bentley College
State Licensing
Connecticut, New York

Michael P Burdo
(203) 227-9545
75 BROAD ST
MILFORD, CT
Specialties
Commercial, Real Estate, Land Use & Zoning, Litigation
Education
Quinnipiac University,Quinnipiac University School of Law,Quinnipiac University
State Licensing
Connecticut

Catherine A Cuggino
147 No. Broad St.
Milford, CT
Specialties
Real Estate, Corporate, Litigation
Education
Quinnipiac University School of Law,University of Connecticut
State Licensing
Connecticut

Joseph Tramuta Jr
35 Higgins Drive
Milford, CT
Specialties
Real Estate, Commercial
State Licensing
Connecticut

Joseph B Barnes III
(203) 877-6800
8 North St
Milford, CT
Specialties
Family, Real Estate, Criminal Defense, Bankruptcy, Business, Estate Planning, Personal Injury
Education
U. of Miami School of Law,College of the Holy Cross
State Licensing
Connecticut, Florida

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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