Corporate Attorneys Mishawaka IN

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 Mishawaka, IN that can help answer your questions about Corporate Attorneys.

Jeffery Alan Johnson
(574) 243-4100
4100 EDISON LAKES PKWY
MISHAWAKA, IN
Specialties
Litigation, Business, Bankruptcy, Banking, Financial Markets And Services
Education
University of Notre Dame Law School,Indiana University
State Licensing
Indiana

W. Todd Woelfer
(574) 243-4100
4100 Edison Lakes Pkwy Ste 100
Mishawaka, IN
Specialties
Medical Malpractice, Commercial, Litigation
State Licensing
Michigan

David Preston Besinger
(574) 255-9616
400 Lincolnway E
Mishawaka, IN
Specialties
Agriculture, Business, Estate Planning, Probate
State Licensing
Indiana

Steven Linn Hostetler
(574) 256-5660
228 West High Street
Indianapolis, IN
Specialties
Business, Real Estate, Bankruptcy, Financial Markets And Services
Education
Olivet Nazarene University,Indiana University School of Law
State Licensing
Indiana

Patricia Elaine Primmer
(574) 243-4100
4100 EDISON LAKES PKWY
MISHAWAKA, IN
Specialties
Business, Real Estate, Banking, Bankruptcy, Financial Markets And Services
Education
Valparaiso University School of Law,University of Notre Dame,Indiana University,Indiana University
State Licensing
Indiana

Alan Duane Wagner
(574) 243-4100
4100 EDISON LAKES PKWY
MISHAWAKA, IN
Specialties
Business, Litigation, Intellectual Property, Employment, Insurance
Education
Valparaiso University School of Law,Purdue University
State Licensing
Indiana

David Preston Besinger
(574) 255-9616
400 Lincolnway E
Mishawaka, IN
Specialties
Agriculture, Business, Estate Planning, Probate
State Licensing
Indiana

Wilmer Todd Woelfer
(574) 243-4100
4100 EDISON LAKES PKWY
MISHAWAKA, IN
Specialties
Litigation, Bankruptcy, Business, Banking, Medical Malpractice
Education
Valparaiso University School of Law,Valparaiso University
State Licensing
Indiana

Victoria Renee Wolf
(574) 243-4100
4100 EDISON LAKES PKWY
MISHAWAKA, IN
Specialties
Medical Malpractice, Business, Insurance, Mediation
Education
Valparaiso University School of Law,Indiana University,Indiana University
State Licensing
Indiana

Trevor Quinlan Gasper
(574) 243-4100
4100 EDISON LAKES PKWY
MISHAWAKA, IN
Specialties
Business, Litigation, Estate Planning, Employment
Education
Notre Dame Law School,University of Evansville
State Licensing
Indiana

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