Corporate Attorneys New Castle DE

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 Castle, DE that can help answer your questions about Corporate Attorneys.

Richard D Heins
(302) 654-1888
500 Delaware Avenue, P.O. BOX 1150
Wilmington, DE
Specialties
Corporate, Commercial
State Licensing
Delaware

Robert C Mcdonald
(302) 888-2900
1010 North Bancroft Parkway, Suite 22
Wilmington, DE
Specialties
Workers Compensation, Personal Injury, Real Estate, Business, DUI
Education
Widener University School of Law,Willamette University,Willamette University
State Licensing
Delaware

Christine T Diguglielmo
(302) 656-6600
1201 N. Market Street, Suite 1402
Wilmington, DE
Specialties
Litigation, Corporate
Education
University of Pennsylvania Law School,Brown University
State Licensing
Delaware

Karen L Valihura
(302) 651-3140
ONE RODNEY SQUARE, P.O. BOX 636
Wilmington, DE
Specialties
Litigation, Class Action, Commercial
State Licensing
Delaware

Kevin Shannon
(302) 984-6112
1313 NORTH MARKET STREET, P.O. BOX 951
Wilmington, DE
Specialties
Business, Litigation, Administrative Law
State Licensing
Delaware

Ryan W Browning
(302) 984-6127
1313 N. MARKET STREET, 6TH FLOOR
Wilmington, DE
Specialties
Administrative Law, Business, Litigation
State Licensing
Delaware

John V Fiorella
(302) 777-4350
300 Delaware Avenue Suite 1370
Wilmington, DE
Specialties
Franchising, Litigation, Corporate, Bankruptcy
Education
University of Pennsylvania Law School,Georgetown University
State Licensing
Delaware, New Jersey

Mark W Eckard
(302) 778-7512
1201 N. MARKET STREET, STE. 1500
Wilmington, DE
Specialties
Commercial, Advertising, Litigation
State Licensing
Delaware

William M Aukamp
(302) 777-4350
300 Delaware Avenue Suite 1370
Wilmington, DE
Specialties
Banking, Corporate
Education
Cornell Law School,Lafayette College
State Licensing
Delaware, New York

Joseph S Naylor
(302) 656-5935
300 DELAWARE AVENUE, SUITE 1130
Wilmington, DE
Specialties
Litigation, Commercial, Advertising
State Licensing
Delaware

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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