Corporate Attorneys Roswell NM

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 Roswell, NM that can help answer your questions about Corporate Attorneys.

Lee M. Rogers Jr.
(505) 622-6221
400 North Pennsylvania Avenue, Suite 1100, P.O. Drawer 700
Roswell, NM
 
John W. Bassett Jr.
(505) 622-3100
400 North Pennsylvania, Suite 250, P.O. Box 2448
Roswell, NM
 
Natalie Claire Lehman
P.O. Box 1043
Hobbs, NM
Specialties
Business, Probate
Education
California Western School of L
State Licensing
Texas

John Adrian Terry
(416) 865-0040
Po Box 846
Edgewood, NM
Specialties
Business, Land Use & Zoning
State Licensing
Washington

Leonard Dennis Sanchez
(505) 241-4941
Alvarado Sq # Ms-0806
Albuquerque, NM
Specialties
Business, Real Estate
Education
Stanford Univ Law School,Univ of New Mexico
State Licensing
California

Richard L. Kraft
(505) 625-2000
111 West Third Street, P.O. Box 850
Roswell, NM
 
James H. Bozarth
(505) 622-6510
400 Penn Plaza, Suite 700, P.O. Box 10
Roswell, NM
 
James Sutton Witt III
(360) 458-5126
Po Box 2282
Carlsbad, NM
Specialties
Agriculture, Corporate, Environmental, Land Use & Zoning
State Licensing
Washington

Thomas Gordon Rice
(888) 222-1328
6001 Indian School Rd NE Ste 160
Albuquerque, NM
Specialties
Estate Planning, Partnership, Business, Elder Law, Guardianship, Power Of Attorney, Tax, Probate, LLC, Trusts, Prenuptials, Wills
Education
Brigham Young University School of Law,Brigham Young University
State Licensing
Illinois, New Mexico

Heather Travis Boone
(505) 662-1026
1200 Trinity Dr
Los Alamos, NM
Specialties
Business
Education
Washington & Lee University
State Licensing
Texas

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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