Corporate Attorneys Park City UT

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 Park City, UT that can help answer your questions about Corporate Attorneys.

Katherine Rollins Lofft
(435) 659-1688
2430 MEADOWS DR
PARK CITY, UT
Specialties
Corporate, Contracts, LLC, Debt Agreements, Internet, Mergers & Acquisitions, Copyright Application, Commercial, Trademark Application
State Licensing
DC

Rachel Kristen Muir
(801) 584-5772
500 Huntsman Way
Salt Lake City, UT
Specialties
Business
Education
Pepperdine Univ SOL,Univ of Utah
State Licensing
California

Daniel Burton
(801) 485-7770
2733 East Parleys Way, Suite 300
Salt Lake City, UT
Specialties
Business, Contracts, Real Estate
Education
University of Utah S.J. Quinney College of Law,Brigham Young University
State Licensing
Utah

Stuart Bradshaw Matheson
(801) 363-2244
648 E 100 S
Salt Lake City, UT
Specialties
Business
Education
Harvard Univ Law School,Brigham Young Univ
State Licensing
California

James Reed Rawson
(801) 438-2000
3165 E Millrock Dr #500
Salt Lake City, UT
Specialties
Business, Contracts, Corporate, LLC, Mergers & Acquisitions, Partnership, Securities Offerings, Venture Capital
Education
Brigham Young Univ J Reuben Clark LS UT,Utah St Univ
State Licensing
California, Utah

Jonathan Edwin Johnson
(801) 947-3114
6350 S 3000 E
Salt Lake City, UT
Specialties
Business
Education
Brigham Young Univ J Reuben Clark LS UT,Brigham Young Univ
State Licensing
California

Karen J. Arthur
(801) 661-1800
2120 Roosevelt Ave
Salt Lake City, UT
Specialties
Business, Corporate, Social Security, Estate Planning
State Licensing
Washington

Sean Hale Pettey
(801) 584-5700
500 Huntsman Way
Salt Lake City, UT
Specialties
Business
Education
UCLA SOL,Univ of Utah
State Licensing
California

Michael S Eldredge
(801) 424-9060
1577 E 6430 So
Salt Lake City, UT
Specialties
Securities Offerings, Constitutional, Contracts, Administrative Law, Corporate
Education
Brigham Young University - J. Reuben Clark Law School,Utah State University,Weber State University
State Licensing
DC

Daniel Burton
(801) 485-7770
2733 East Parleys Way, Suite 300
Salt Lake City, UT
Specialties
Business, Contracts, Real Estate
Education
University of Utah S.J. Quinney College of Law
Brigham Young University
State Licensing
Utah

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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