Corporate Attorneys Salisbury MD

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 Salisbury, MD that can help answer your questions about Corporate Attorneys.

Spyros James Sarbanes
(410) 749-7500
209 East Main St, Po Box 75
Salisbury, MD
Specialties
Real Estate, Estate Planning, Business
State Licensing
Maryland

Robert B Taylor
(410) 749-5021
ONE PLAZA EAST 100 E MAIN ST STE 600
SALISBURY, MD
Specialties
Real Estate, Commercial, Land Use & Zoning, Business
Education
Washington and Lee University School of Law,Pennsylvania State University
State Licensing
Maryland

Jean S Laws
(410) 749-7500
209 East Main Street, Po Box 75
Salisbury, MD
Specialties
Business, Real Estate, Estate Planning
State Licensing
Maryland

John Brice Long II
(410) 749-2356
124 E Main St, Po Box 259
Salisbury, MD
Specialties
Real Estate, Estate Planning, Business
State Licensing
Maryland

Jeffrey E Badger
(410) 749-2356
124 E Main St, Po Box 259
Salisbury, MD
Specialties
Business, General Practice, Real Estate
State Licensing
Maryland

Thomas Joseph Maloney
(410) 546-1750
313 LEMMON HILL LN
SALISBURY, MD
Specialties
Corporate, Commercial, Litigation, Health Care
Education
Loyola University New Orleans College of Law,Salisbury University,Tulane University
State Licensing
Maryland

Stephen Terrance Greenwood
(410) 749-0467
811 EASTERN SHORE DR
SALISBURY, MD
Specialties
Real Estate, Commercial, Residential
Education
University of Baltimore School of Law,Salisbury University
State Licensing
Maryland

Andrew Melchior Macdonald
(410) 341-7575
110 BAPTIST STREET PO BOX 33
SALISBURY, MD
Specialties
Criminal Defense, Family, Personal Injury, Bankruptcy, Business
Education
University of Baltimore School of Law,Syracuse University
State Licensing
Maryland

John Garrett Sheller
(410) 749-2356
124 E Main St, Po Box 259
Salisbury, MD
Specialties
Real Estate, Business, Estate Planning
State Licensing
Maryland

James L. Otway
(410) 860-2400
108 The Plaza, P.O. Box 4096
Salisbury, MD
 

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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Maryland Antitrust Laws

Antitrust Code Section: Maryland Antitrust Act: Com. Law II §§11-201, et seq.

Time Limit to Bring Claim: 4 yrs.

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

Can a Successful Plaintiff Recover Attorneys' Fees? Yes

From www.findlaw.com