Corporate Attorneys Rochester MN

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 Rochester, MN that can help answer your questions about Corporate Attorneys.

Steven Kiyoshi Murakami
(507) 280-0100
9 1ST ST NW
ROCHESTER, MN
Specialties
Personal Injury, Bankruptcy, Criminal Defense, Family, Business
Education
University of Minnesota Law School,University of Minnesota, Twin Cities
State Licensing
Minnesota

Karl Anthony Kruger
(507) 280-0100
9 Nw First St
Rochester, MN
Specialties
Bankruptcy, Family, Business, Criminal Defense, DUI
Education
Creighton University School of Law,University of Minnesota, Duluth
State Licensing
Minnesota

Jeffery Adam Mintz
(507) 288-5440
21 1ST ST SW STE 300
ROCHESTER, MN
Specialties
Litigation, Family, Personal Injury, Corporate, Bankruptcy
Education
DePaul University College of Law,University of Minnesota
State Licensing
Minnesota

Christopher Craig Wendland
(507) 288-5440
21 1ST ST SW STE 300
ROCHESTER, MN
Specialties
Business, Employment, Litigation, Real Estate, Mediation
Education
William Mitchell College of Law,University of Minnesota
State Licensing
Minnesota

Daniel Paul Doda
(507) 536-0555
421 1ST AVE SW STE 301W
ROCHESTER, MN
Specialties
Business, Employment, Estate Planning, Construction, Personal Injury
State Licensing
Minnesota

Kathryn Kubicek Moe
(507) 281-5711
3257 19TH ST NW STE 4
ROCHESTER, MN
Specialties
Business, Estate Planning, Real Estate, Mediation, Corporate
State Licensing
Minnesota

David Mark Pederson
(507) 288-5440
21 1ST ST SW
ROCHESTER, MN
Specialties
Banking, Business, Corporate, Real Estate, Estate Planning
Education
University of Minnesota Law School,University of Minnesota, Carlson School of Management
State Licensing
Minnesota

Suzanne Lee Peterson
(507) 281-4900
201 23rd Av Sw #102
Rochester, MN
Specialties
Family, Criminal Defense, Commercial
State Licensing
Minnesota

Craig W Wendland
(507) 288-5440
21 1ST ST SW STE 300
ROCHESTER, MN
Specialties
Business, Banking, Real Estate, Estate Planning
Education
University of California at Los Angeles School of Law,University of Minnesota
State Licensing
Minnesota

Mark E Utz
(507) 288-5440
21 1ST ST SW STE 300
ROCHESTER, MN
Specialties
Business, Real Estate, Estate Planning
Education
William Mitchell College of Law,University of Saint Thomas
State Licensing
Minnesota

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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Minnesota Antitrust Laws

Antitrust Code Section: Minnesota Antitrust Law of 1971: 325D.49, et seq.

Time Limit to Bring Claim: 4 yrs.

Is a Private Lawsuit Possible? Yes; attorney general also enforces

Can a Successful Plaintiff Recover Attorneys' Fees? Yes

From www.findlaw.com