Corporate Attorneys Parsippany NJ

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 Parsippany, NJ that can help answer your questions about Corporate Attorneys.

Mark E Thompson
(973) 984-2588
1719 ROUTE 10 STE 301
PARSIPPANY, NJ
Specialties
Business, Real Estate
Education
Seton Hall University School of Law,Montclair State University
State Licensing
New Jersey

Stephen George Hauck
(212) 808-5150
200 Kimball Dr
Parsippany, NJ
Specialties
Commercial, Real Estate, Insurance
State Licensing
New Jersey

James E Shepard
(973) 538-4700
7 CENTURY DR STE 201
PARSIPPANY, NJ
Specialties
Business, Litigation, Real Estate, Personal Injury, State, Local And Municipal Law
Education
New York Law School,Rutgers University
State Licensing
New Jersey

Blake A Palmer
(973) 734-3295
4 CENTURY DR
PARSIPPANY, NJ
Specialties
Litigation, Business, Insurance, Real Estate, Land Use & Zoning
Education
Roger Williams University, Ralph R. Papitto School of Law,University of Rhode Island
State Licensing
New Jersey

Brad M Weintraub
(631) 232-6184
629 PARSIPPANY ROAD PO BOX 438
PARSIPPANY, NJ
Specialties
Commercial, Personal Injury, Employment
Education
Rutgers University,Rutgers University School of Law
State Licensing
New Jersey

Christopher E Martin
(973) 257-3526
2001 US HIGHWAY 46
PARSIPPANY, NJ
Specialties
Business, Construction, Insurance, Defective & Dangerous Products, Environmental
Education
Pace University School of Law,Widener University School of Law,Rutgers University
State Licensing
New Jersey

Douglas Stuart Charipper
973-538-4700 Ex 111
7 CENTURY DR STE 201
PARSIPPANY, NJ
Specialties
Personal Injury, Business, Litigation, Foreclosure
Education
Seton Hall University School of Law,University of Texas System, Austin
State Licensing
New Jersey

Paul Andrew Keenan
(973) 503-5931
200 Kimball Dr
Parsippany, NJ
Specialties
Real Estate, Commercial
State Licensing
New Jersey

Susan Christie Marshall
(973) 503-5926
200 Kimball Dr
Parsippany, NJ
Specialties
Real Estate, Commercial, Tax
State Licensing
New Jersey

Donald A Richards
(973) 538-4700
7 CENTURY DR STE 201
PARSIPPANY, NJ
Specialties
Business, Real Estate, Estate Planning, Tax, Commercial
Education
Albany Law School of Union University,New York University School of Law,Siena College
State Licensing
New Jersey

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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