Corporate Attorneys Seneca SC

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 Seneca, SC that can help answer your questions about Corporate Attorneys.

Edward Delane Rosemond
(864) 888-2832
P.O. Box 1498
Seneca, SC
Specialties
Car Accident, Personal Injury, Criminal Defense, Family, Corporate
Education
University of South Carolina School of Law,University Of South Carolina
State Licensing
South Carolina

Sullivan, Louis G II
(864) 225-7403
609 Fair St
Anderson, SC

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William Chadwick Jenkins
(803) 276-2532
1508 College Street, P.O. Box 190
Newberry, SC
Specialties
Criminal Defense, Personal Injury, Business, Workers Compensation, Family
Education
University of South Carolina School of Law,Newberry College
State Licensing
South Carolina

Kelly Frame
(843) 564-5115
164 Market Street, Suite 1-2
Charleston, SC
Specialties
Estate Planning, Business, Trademark Application
State Licensing
Georgia, Illinois, South Carolina

William C. Cleveland III
(843) 720-4606
5 Exchange Street
Charleston, SC
Specialties
Business, Banking, Litigation, Intellectual Property, Defective & Dangerous Products
Education
University of Virginia School of Law,Yale University
State Licensing
South Carolina

Ronnie L. Smith
(864) 654-3680
600 College Avenue, P.O. Box 1633
Clemson, SC
 
James D. Mosteller III
(803) 259-4964
9725 Marlboro Ave., P.O. Box 1832
Barnwell, SC
Specialties
Government, Business, Criminal Defense, Family, Real Estate
Education
University of South Carolina School of Law,Wofford College
State Licensing
South Carolina

David C. Haar
310 79th. Ave. North
Myrtle Beach, SC
Specialties
Business, Real Estate, Wills, Speeding Ticket
Education
Campbell University, Norman Adrian Wiggins School of Law,Campbell University
State Licensing
North Carolina, South Carolina

Tucker S Player
(803) 772-8008
1415 Broad River Rd.
Columbia, SC
Specialties
Business, Litigation, Appeals, Real Estate, Estate Planning
Education
University of South Carolina School of Law,University of South Carolina
State Licensing
South Carolina

Harry V. Ragsdale
(843) 577-5420
12 EXCHANGE ST
CHARLESTON, SC
Specialties
Criminal Defense, Litigation, Real Estate, Commercial, Construction
Education
Charleston School of Law
Bentley College
State Licensing
South Carolina

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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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