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

David M Noonan
1015 W St. Germain St Ste 300
St. Cloud, MN
Specialties
Business, Corporate, Partnership, Mergers & Acquisitions, Real Estate
Education
University of Minnesota Law School,University of Notre Dame
State Licensing
Minnesota

Steven B Kutscheid
(320) 202-5311
1010 W St Germain #500
St Cloud, MN
Specialties
Tax, Estate Planning, Commercial
State Licensing
Minnesota

Robert L Kalenda
(320) 255-8840
GERMAIN COURT, 919 W GERMAIN ST STE 2000
SAINT CLOUD, MN
Specialties
Bankruptcy, Real Estate, Agriculture, Business
State Licensing
Minnesota

Chad Daniel Miller
(320) 251-6700
1015 W ST GERMAIN ST #300 PO BOX 1497
SAINT CLOUD, MN
Specialties
Estate Planning, Business, Probate, Employee Benefits
Education
Valparaiso University School of Law,Concordia College-Moorhead
State Licensing
Minnesota

Roger Charles Justin
(320) 251-6700
1015 W ST GERMAIN ST #300 PO BOX 1497
SAINT CLOUD, MN
Specialties
Employment, Business, Real Estate, Construction, Litigation
Education
University of Minnesota Law School,Gustavus Adolphus College,Saint John's University
State Licensing
Minnesota

Jeffrey Albert Peterson
(320) 202-5339
1010 W St Germain #500
St Cloud, MN
Specialties
Business, Commercial, Banking
State Licensing
Minnesota

Michael R Vadnie
(320) 252-0330
13 7TH AVE S
SAINT CLOUD, MN
Specialties
General Practice, Civil Rights, Bankruptcy, Business, Estate Planning
Education
University of North Dakota School of Law,College of Saint Thomas
State Licensing
Minnesota

Thomas R Wenner
(320) 252-7600
501 W St Germain St, Po Box 1556
St Cloud, MN
Specialties
Business, Estate Planning, Real Estate
State Licensing
Minnesota

Benjamin Bruce Bohnsack
(320) 251-6700
1015 W ST GERMAIN ST #300 PO BOX 1497
SAINT CLOUD, MN
Specialties
Business, Construction, Real Estate, Litigation, Insurance
Education
William Mitchell College of Law,Concordia College
State Licensing
Minnesota

Thomas G Jovanovich
(320) 251-1055
11 7TH AVE N
SAINT CLOUD, MN
Specialties
Litigation, Government, Commercial
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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UST Executive Conference on the Future of Health Care
Dates: 11/5/2020 – 11/5/2020
Location:
University of St.Thomas Saint Paul
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UST Executive Conference on the Future of Health Care
Dates: 11/5/2020 – 11/5/2020
Location:
University of St.Thomas Saint Paul
View Details