Corporate Attorneys Scranton PA

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 Scranton, PA that can help answer your questions about Corporate Attorneys.

Michael James Donohue
220 PENN AVE
SCRANTON, PA
Specialties
Civil Rights, Business, Insurance, State, Local And Municipal Law
Education
Pennsylvania State University, Dickinson School of Law,University of Scranton
State Licensing
Pennsylvania

Jerry Joel Weinberger
(570) 963-8880
415 WYOMING AVE
SCRANTON, PA
Specialties
Commercial, Corporate, Administrative Law, Financial Markets And Services
Education
Case Western Reserve University,University of Pittsburgh, Pittsburgh,Villanova University
State Licensing
Pennsylvania

Michael J. Donohue
220 PENN AVE
SCRANTON, PA
Specialties
Litigation, Business, Insurance, State, Local And Municipal Law
Education
Pennsylvania State University, Dickinson School of Law,Pennsylvania State University, Dickinson Scho
State Licensing
Pennsylvania

Christopher P. Ratchford
327 N WASHINGTON AVE MEDICAL ARTS BLDG
SCRANTON, PA
Specialties
Commercial, Tax, Wills, Trusts, Estate Planning
Education
Villanova University School of Law,Villanova University School of Law,University of Scranton
State Licensing
Pennsylvania

Scott Earl Schermerhorn
(570) 348-1020
222 WYOMING AVE
SCRANTON, PA
Specialties
Litigation, Business, Employment, Real Estate, Corporate
Education
Vermont Law School,State University of New York, Albany
State Licensing
Pennsylvania

Brice Cornell Paul
(570) 963-8880
415 WYOMING AVE
SCRANTON, PA
Specialties
Commercial, Bankruptcy, Litigation, General Practice
Education
University of Maine School of Law,University of Massachusetts, Amherst
State Licensing
Pennsylvania

John Thomas Clary Jr.
425 SPRUCE ST
SCRANTON, PA
Specialties
Litigation, Commercial, Family, Land Use & Zoning
Education
Villanova University,Villanova University
State Licensing
Pennsylvania

John Michael Murphy
(570) 963-8880
415 WYOMING AVE
SCRANTON, PA
Specialties
Commercial, Bankruptcy, General Practice
Education
Lock Haven University of Pennsylvania,Widener University,Marie Curie S. University,Tunghai Universit
State Licensing
Pennsylvania

Molly Dempsey Clark
(570) 708-7062
148 ADAMS AVE
SCRANTON, PA
Specialties
Litigation, Commercial, Corporate, Bankruptcy
Education
Duquesne University School of Law,University of Pittsburgh, Pittsburgh
State Licensing
Pennsylvania

Donna Davis
(570) 489-2939
811 Laurel Creek Drive
Dickson City, PA
Specialties
Corporate, Commercial
Education
Temple University - James E. Beasley School of Law,University of Scranton
State Licensing
Pennsylvania

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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Pennsylvania Antitrust Laws

Antitrust Code Section: Unfair Trade Practices & Consumer Protection Law: Tit. 73 §§201, et seq.

Time Limit to Bring Claim: Not specified

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

Can a Successful Plaintiff Recover Attorneys' Fees? May be awarded at judicial discretion but no statutory right

From www.findlaw.com