Corporate Attorneys Poughkeepsie NY

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 Poughkeepsie, NY that can help answer your questions about Corporate Attorneys.

Arthur L. Gellert
75 WASHINGTON ST
POUGHKEEPSIE, NY
Specialties
Commercial, Real Estate, Banking, Estate Planning, Trusts
Education
Albany Law School of Union University,Union College (Lincoln Nebraska)
State Licensing
New York

Phillip Shatz
(845) 486-6880
63 Washington Street
Poughkeepsie, NY
Specialties
Litigation, Banking, Corporate, Real Estate
Education
Columbia University School of Law,Syracuse University
State Licensing
New York

Elizabeth F. Baldizzi
(845) 473-1137
331 Main Street
Poughkeepsie, NY
Specialties
Corporate, Family
Education
Albany Law School,State University of New York, College at New Paltz
State Licensing
New York

Frederick Bittner Jr
2 CANNON ST TWO CANNON STREET BLDG
POUGHKEEPSIE, NY
Specialties
Litigation, Real Estate, Commercial, Probate, Estate Planning
Education
Cornell Law School,University of Pennsylvania
State Licensing
New York

James Joseph Mcgowan
(845) 486-6864
63 WASHINGTON ST
POUGHKEEPSIE, NY
Specialties
Banking, Tax, Commercial
Education
Georgetown University,Harvard University
State Licensing
New York

James Edward Nelson
(845) 452-5900
40 Garden St
Poughkeepsie, NY
Specialties
Family, Real Estate, Commercial
State Licensing
New York

William Christopher Larose
(212) 536-3908
334 Violet Ave
Poughkeepsie, NY
Specialties
Partnership, Commercial, Advertising
State Licensing
New York

Vincent Louis Debiase
35 MARKET ST BARDAVON BUILDING
POUGHKEEPSIE, NY
Specialties
Business, Litigation, Franchising
Education
Southern Methodist University, Dedman School of Law,Northeastern University School of Business Admin
State Licensing
New York

William Fredericks Bogle
(845) 454-1110
35 Market St
Poughkeepsie, NY
Specialties
Real Estate, Commercial, Residential
State Licensing
New York

Robert Barron Dietz
(845) 452-4000
2 CANNON ST STE 207
POUGHKEEPSIE, NY
Specialties
General Practice, Trusts, Estate Planning, Real Estate, Business
Education
Cornell Law School,College of the Holy Cross
State Licensing
New York

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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New York Antitrust Laws

Antitrust Code Section: Gen. Bus. §340 ¶5., et seq.

Time Limit to Bring Claim: 4 yrs. (suspended during pendency of federal action based in whole or in part on same matter)

Is a Private Lawsuit Possible? Yes; no prerequisite for administrative action but private party plaintiff must notify the attorney general

Can a Successful Plaintiff Recover Attorneys' Fees? Yes

From www.findlaw.com