Corporate Attorneys Salina KS

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 Salina, KS that can help answer your questions about Corporate Attorneys.

Rodney G. Nitz
(785) 825-4674
119 West Iron Avenue, 7th Floor
Salina, KS
Specialties
Litigation, Appeals, Personal Injury, Workers Compensation, Business
Education
University of Missouri - Kansas City School of Law,University of Kansas,University of Missouri
State Licensing
Kansas

Michael P Alley
(785) 823-6325
129 S. Eighth St. P.O. Box 380
Salina, KS
Specialties
Bankruptcy, Banking, Agriculture, Litigation, Business
Education
University of Kansas School of Law,Bethany College
State Licensing
Kansas

Ann M Zimmerman
(785) 309-0390
316 N. Santa Fe P.O. Box 2573
Salina, KS
Specialties
Mediation, Family, Education, Discrimination, Business
Education
Harvard University Law School,Kansas State University
State Licensing
Kansas

George W. Yarnevich
(785) 825-4674
119 West Iron Avenue, 7th Floor
Salina, KS
Specialties
Estate Planning, Probate, Business, Trusts
Education
University of Kansas School of Law,University of Kansas
State Licensing
Kansas

N. Royce Nelson
(785) 827-7251
Ninth Floor United Building, 119 West Iron, P.O. Box 1247
Salina, KS
 
Eric Nathan Anderson
(785) 823-6325
129 S. Eighth St. P.O. Box 380
Salina, KS
Specialties
Estate Planning, Employment, Business, Real Estate, Tax
Education
University of Kansas School of Law,Bethany College
State Licensing
Kansas

Karen Michelle Quintelier
(785) 825-4674
119 West Iron Avenue, 7th Floor
Salina, KS
Specialties
Banking, Business, Estate Planning, Probate, Real Estate
Education
Washburn University School of Law,Emporia State University
State Licensing
Kansas

James R. Angell
(785) 825-4674
119 West Iron Avenue, 7th Floor
Salina, KS
Specialties
Banking, Bankruptcy, Tax, Estate Planning, Business
Education
University of Kansas School of Law,University of Kansas
State Licensing
Kansas

Tom A. Williamson
(785) 825-4674
119 West Iron Avenue, 7th Floor
Salina, KS
Specialties
Business, Estate Planning, Banking, Real Estate, Commercial
Education
Washburn University School of Law,Washburn University
State Licensing
Kansas

Kenneth W. Wasserman
(785) 827-3646
213 South Santa Fe, P.O. Box 2388
Salina, KS
 

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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Kansas Antitrust Laws

Antitrust Code Section: 50-101, et seq.

Time Limit to Bring Claim: 5 yrs.

Is a Private Lawsuit Possible? Yes; attorney general and county attorney power to enforce

Can a Successful Plaintiff Recover Attorneys' Fees? Yes

From www.findlaw.com