Corporate Attorneys Salt Lake City UT

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 Salt Lake City, UT that can help answer your questions about Corporate Attorneys.

Christopher B. Sullivan
(801) 350-7827
170 S. Main St., Suite 400
Salt Lake City, UT
Specialties
Litigation, Class Action, Commercial
State Licensing
Illinois

Scott Richards Irwin
(801) 257-1896
15 W South Temple #1200
Salt Lake City, UT
Specialties
International Law, Commercial, Real Estate
Education
New York Univ SOL,Brigham Young Univ
State Licensing
California

John Hilary Bogart
(801) 350-7853
170 S Main St Ste 400
Salt Lake City, UT
Specialties
Litigation, Commercial, Intellectual Property
Education
Stanford Univ Law School,Univ of California Santa Cruz
State Licensing
California

John Gary Weston
(801) 257-1931
15 W South Temple #1200w
Salt Lake City, UT
Specialties
Business
Education
Univ of Utah COL,Brigham Young Univ
State Licensing
California

Brick Glenn Power
(801) 532-1922
P O Box 2550
Salt Lake City, UT
Specialties
Business, Antitrust, Intellectual Property, Litigation
Education
Brigham Young Univ J Reuben Clark LS UT,Brigham Young Univ
State Licensing
California

Clayton A. Simms
(801) 359-0404
39 Exchange Place, Suite 100
Salt Lake City, UT
Specialties
Criminal Defense, Juvenile, White Collar Crime
Education
University of Utah S.J. Quinney College of Law
University of Houston
State Licensing
Utah

Guy P. Kroesche
(801) 328-3131
201 S Main St #1100
Salt Lake City, UT
Specialties
Business, Real Estate
Education
Brigham Young Univ J Reuben Clark LS UT,Univ of Utah
State Licensing
California

Mark David Tolman
(801) 534-7232
170 S. Main Street, Suite 1500
Salt Lake City, UT
Specialties
Employment, Litigation, Commercial
State Licensing
North Carolina

Karl Erick Israelsen
(801) 328-3131
201 S Main St #1100
Salt Lake City, UT
Specialties
Business
Education
Univ of Chicago Law School,Utah St Univ
State Licensing
California

Clint Mark Hanni
(801) 328-3131
201 S Main St #1100
Salt Lake City, UT
Specialties
Business
Education
Columbia Univ SOL,Brigham Young Univ
State Licensing
California

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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Utah Antitrust Laws

Antitrust Code Section: Utah Antitrust Act: 76-10-911, et seq.

Time Limit to Bring Claim: 4 yrs. or 1 yr. after conclusion of action

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

Can a Successful Plaintiff Recover Attorneys' Fees? Yes; and cost of suit

From www.findlaw.com