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

Jason Michael Housel
28 E MAIN ST FIRST FEDERAL PLZ
ROCHESTER, NY
Specialties
Commercial, Litigation
Education
University of Massachusetts, Amherst,Wake Forest University
State Licensing
New York

David Ming-Teh Tang
130 E MAIN ST
ROCHESTER, NY
Specialties
Business, Commercial
Education
Syracuse University College of Law,Cornell University
State Licensing
New York

John F. Liebschutz
(585) 987-2869
2 STATE STREET 2 STATE ST STE 700 STE 700
ROCHESTER, NY
Specialties
Business, Tax, Commercial, Elder Law, Real Estate
Education
Albany Law School,Colgate University
State Licensing
New York

Nathan Elliott Vander Wal
2 STATE ST CROSSROADS BLDG
ROCHESTER, NY
Specialties
Insurance, Litigation, Commercial, Personal Injury, Workers Compensation
Education
Syracuse University College of Law,Calvin College
State Licensing
New York

Fred Gould Aten
(585) 231-1236
1600 BAUSCH AND LOMB PL
ROCHESTER, NY
Specialties
Litigation, Business
Education
Duke University,University of Virginia
State Licensing
New York

Gregory James Mcdonald
(585) 362-4718
130 E MAIN ST
ROCHESTER, NY
Specialties
Business, Commercial
Education
Pace University School of Law,Tulane University
State Licensing
New York

Diana Beth Cavall
36 MAIN ST W STE 500
ROCHESTER, NY
Specialties
Litigation, Commercial, Medical Malpractice
Education
Albany Law School of Union University,State University of New York at Buffalo
State Licensing
New York

Stanley M. Friedman
(585) 295-4010
TWO STATE STREET 2 STATE ST STE 1600
ROCHESTER, NY
Specialties
Real Estate, Trusts, Estate Planning, Corporate
Education
Syracuse University,Syracuse University
State Licensing
New York

William Albert Smith
130 E MAIN ST
ROCHESTER, NY
Specialties
Corporate, Public Finance, International Law
Education
University of Virginia Law School,Yale University
State Licensing
New York

Elizabeth Ann Wolford
(585) 325-8000
16 EAST MAIN STREET 16 E MAIN ST STE 600
ROCHESTER, NY
Specialties
Commercial, Employment, Litigation
Education
Colgate University,University of Notre Dame
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