Corporate Attorneys Punta Gorda FL

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 Punta Gorda, FL that can help answer your questions about Corporate Attorneys.

Jack Owen Hackett II
(941) 639-1158
99 Nesbit St
Punta Gorda, FL
Specialties
Real Estate, Business
Education
University of Florida, Fredric G. Levin College of Law,University of Florida
State Licensing
Florida

Gary Thomas Fileman
(941) 833-5560
110 Sullivan Street Suite 111
Punta Gorda, FL
Specialties
Corporate, Estate Planning
Education
DePaul University College of Law,University of Florida,University of Florida,University Kellstadt Gr
State Licensing
Florida, Illinois

James Edward Moore III
(941) 637-1955
1107 W MARION AVE UNIT 112
PUNTA GORDA, FL
Specialties
Business, Corporate, Real Estate
Education
University of Florida, Fredric G. Levin College of Law,University of Florida
State Licensing
Florida

Mark Martella
(941) 205-3300
223 TAYLOR ST
PUNTA GORDA, FL
Specialties
Commercial, Construction
Education
Villanova University School of Law,Villanova University,Rutgers University
State Licensing
Florida

Edward Lee Wotitzky
(941) 639-2171
223 TAYLOR ST
PUNTA GORDA, FL
Specialties
Real Estate, Business
Education
University of Florida, Fredric G. Levin College of Law,University of Florida
State Licensing
Florida

Gary Allen Kahle
(941) 639-1158
99 NESBIT ST
PUNTA GORDA, FL
Specialties
Real Estate, Business
Education
University of Florida,University of Florida
State Licensing
Florida

Lance Cortney Ball
(941) 639-2171
223 TAYLOR ST
PUNTA GORDA, FL
Specialties
Real Estate, Commercial, Construction
Education
University of Miami School of Law,Central Michigan University
State Licensing
Florida

David Alan Holmes
(941) 505-9975
99 NESBIT ST
PUNTA GORDA, FL
Specialties
Real Estate, Litigation, Corporate
Education
Stetson University College of Law,University of Florida
State Licensing
Florida

Earl Drayton Farr Jr.
(941) 505-9959
99 NESBIT ST
PUNTA GORDA, FL
Specialties
Business, Real Estate
Education
University of Florida, Fredric G. Levin College of Law,University of Florida
State Licensing
Florida

Amanda Jill Cisne McCrory
(941) 205-1122
150 Laishley Ct. Suite 122
Punta Gorda, FL
Specialties
Tax, Business, Estate Planning, Real Estate, Probate
Education
University of Florida, Fredric G. Levin College of Law,University of Florida,University of Florida
State Licensing
Florida

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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