Corporate Attorneys Orange TX

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 Orange, TX that can help answer your questions about Corporate Attorneys.

Pannal Alan Sanders
(409) 883-7495
P.O. Box 519, 707 W Front Ave
Orange, TX
Specialties
Bankruptcy, Debt Collection, Business, Probate, Real Estate, Litigation
Education
Louisiana State University
State Licensing
Texas

Evelyn Joylynne Dubose-Simonton
(409) 735-7301
345 W Roundbunch Rd
Bridge City, TX
Specialties
Business, Criminal Defense, Probate, Family, Real Estate
Education
South Texas College of Law
State Licensing
Texas

Brandon Paul Monk
(409) 724-6665
8525 9TH AVE
PORT ARTHUR, TX
Specialties
Business, General Practice
Education
University of Houston Law Center,Texas State University, Lamar University
State Licensing
Texas

Rickey N. Williams
(409) 727-5045
1233 Nederland Avenue
Nederland, TX
Specialties
Business, Family
Education
South Texas College Of Law
State Licensing
Texas

Nathan Lee Reynolds Jr.
(409) 724-2702
3500 Memorial Blvd
Port Arthur, TX
Specialties
Business, Criminal Defense, Family, Real Estate
Education
South Texas College of Law
State Licensing
Texas

Andrew Barnett Culpepper
(409) 886-7766
1006 Green Avenue
Orange, TX
Specialties
Business, Probate, Administrative Law, Real Estate
Education
Texas Tech University
State Licensing
Texas

Marcus Allen Pitre
1221 DALLAS STREET PO BOX 186
PORT NECHES, TX
Specialties
Real Estate, Corporate, General Practice
Education
Texas State University, Lamar University,University of Texas System, Austin
State Licensing
Texas

Glenn H. Steele Jr.
(409) 724-6644
3120 Central Mall Drive
Port Arthur, TX
Specialties
Business, Administrative Law, Real Estate
Education
South Texas College of Law
State Licensing
Texas

David Bradley Bonham
(409) 724-2212
1519 Boston Ave
Nederland, TX
Specialties
Bankruptcy, Business, Criminal Defense, Probate, Family
Education
University of Houston
State Licensing
Texas

Doneane E. Beckcom
(409) 722-8529
6225 39th Street
Groves, TX
 

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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