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

Michael P Murray
(203) 966-1492
65 LOCUST AVE STE 301
NEW CANAAN, CT
Specialties
Residential, Commercial, Financial Markets And Services, Corporate
Education
Fordham University School of Law,Villanova University
State Licensing
Connecticut

Mark J Fox
(800) 369-9529
125 ELM ST
NEW CANAAN, CT
Specialties
Personal Injury, Insurance, Litigation, Real Estate, Business
State Licensing
Connecticut

Michael J Franco
(203) 972-7339
125 ELM ST
NEW CANAAN, CT
Specialties
Real Estate, Corporate, Estate Planning, Construction, Land Use & Zoning
Education
Vermont Law School,Merrimack College
State Licensing
Connecticut

David W Stergas
(203) 846-9585
25 BELDEN AVE
NORWALK, CT
Specialties
Corporate, Real Estate, Commercial, Residential, Estate Planning
Education
New York University School of Law,University of Mississippi School of Law,Mississippi State Universi
State Licensing
Connecticut

Maryann D Lally
(203) 762-9000
190 OLD RIDGEFIELD RD
WILTON, CT
Specialties
Residential, Commercial, Land Use & Zoning
Education
Pace University School of Law,Lafayette College
State Licensing
Connecticut

Lawrence S Mannix
(203) 966-9583
25 SOUTH AVE
NEW CANAAN, CT
Specialties
Estate Planning, Trusts, Real Estate, Business, Tax
Education
Boston University School of Law,College of the Holy Cross,Catholic University of America
State Licensing
Connecticut

Michael Nedder
(203) 966-9583
25 SOUTH AVE
NEW CANAAN, CT
Specialties
Estate Planning, Trusts, Real Estate, Business, Tax
Education
Fordham University School of Law,Fairfield University
State Licensing
Connecticut

Carl Ferraro
(203) 866-6503
16 RIVER ST ST JOHN RIVER VIEW BLDG
NORWALK, CT
Specialties
Real Estate, Family, Business, Criminal Defense
State Licensing
Connecticut

Susan J Goldman
(203) 762-9000
190 OLD RIDGEFIELD RD
WILTON, CT
Specialties
Commercial, Residential
Education
Western New England College School of Law,University of Colorado
State Licensing
Connecticut

Thomas James Godfrey
(615) 718-3885
C/O Tom Godfrey-Hyderabad, Po Box 820
Wilton, CT
Specialties
Tax, Business
Education
McGeorge SOL Univ of the Pacific,Pacific Union Coll
State Licensing
California

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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