Corporate Attorneys North Andover MA

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 North Andover, MA that can help answer your questions about Corporate Attorneys.

Andrew Daniel Myers
(978) 691-5453
401 ANDOVER ST STE 202
NORTH ANDOVER, MA
Specialties
Personal Injury, Bankruptcy, Business
Education
Emerson College,Suffolk University
State Licensing
Massachusetts, New Hampshire

William E Berner Jr
(978) 983-3758
1 High St
North Andover, MA
Specialties
Business, Intellectual Property, International Law
Education
USC Law School,Univ of Cincinnati
State Licensing
California

Brian G. Vaughan
(978) 327-5217
21 High Street, Suite 301
North Andover, MA
Specialties
Real Estate, Business
State Licensing
Massachusetts

Richard G Asoian
(978) 475-9100
300 BRICKSTONE SQUARE PO BOX 39
ANDOVER, MA
Specialties
Business, Corporate, Estate Planning, Trusts
Education
Boston University School of Law,Monmouth College
State Licensing
Massachusetts

Scott A Lakin
(978) 685-5686
SHATTUCK OFFICE CENTER 138 RIVER RD STE 104A
ANDOVER, MA
Specialties
Real Estate, Business
Education
Suffolk University Law School
State Licensing
Massachusetts

Stephen Zarubaiko
(978) 794-5550
800 TURNPIKE ST STE 300
NORTH ANDOVER, MA
Specialties
Business, International Law, Immigration, Estate Planning, Wills
Education
Suffolk University Law School,University of New Hampshire
State Licensing
Massachusetts

Michael Paul Marsille
(978) 686-4600
231 Sutton Street, South Entrance, Suite 1B
North Andover, MA
Specialties
Criminal Defense, Business, Employment
Education
Suffolk University Law School,Emerson College
State Licensing
Connecticut, Massachusetts, New Hampshire

Robert Elliot Curtis Jr.
(617) 723-7700
PO BOX 571
NORTH ANDOVER, MA
Specialties
Business, Family, Litigation
State Licensing
Massachusetts

Peter Sheriff Daniels
(978) 475-9100
300 BRICKSTONE SQUARE PO BOX 39
ANDOVER, MA
Specialties
Business, Tax, Mergers & Acquisitions
Education
Suffolk University Law School,Boston College
State Licensing
Massachusetts

Thomas Patrick Smith
(978) 686-6151
300 ESSEX ST
LAWRENCE, MA
Specialties
Business, Government, Criminal Defense
Education
Georgetown University Law Center,Harvard College
State Licensing
Massachusetts

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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