Corporate Attorneys Sevierville TN

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 Sevierville, TN that can help answer your questions about Corporate Attorneys.

Scott D Hall
(865) 428-9900
105 BRUCE ST
SEVIERVILLE, TN
Specialties
Litigation, Lawsuits & Disputes, Business, Real Estate, Land Use & Zoning
Education
University of Tennessee College of Law,Florida State University
State Licensing
Tennessee

Richard Thomas Wallace
(865) 453-1143
111 COMMERCE ST
SEVIERVILLE, TN
Specialties
Litigation, Business, Banking, Estate Planning, Personal Injury
Education
University of Tennessee College of Law,Carson-Newman College,Naval Postgraduate School
State Licensing
Tennessee

Edward Henry Hamilton III
(865) 453-9035
PO BOX 5260
SEVIERVILLE, TN
Specialties
Real Estate, Litigation, Personal Injury, Business, Estate Planning
Education
University of Tennessee College of Law ,University of Tennessee, Knoxville (main)
State Licensing
Tennessee

Travis David Lucas
8816 Simpson Rd
Knoxville, TN
Specialties
Intellectual Property, Business, Entertainment, Employment, Probate, Real Estate
Education
Hofstra University
State Licensing
Texas

Jason Trent Lehman
214 2nd Ave N Ste 103
Nashville, TN
Specialties
Business, Commercial, Contracts, Construction, Estate Planning, Real Estate
Education
Nashville School of Law
State Licensing
Tennessee

Douglas Scott Yates
(865) 908-9869
117 JOY ST
SEVIERVILLE, TN
Specialties
Real Estate, Banking, Commercial, Construction
Education
University of Tennessee College of Law,University of Georgia
State Licensing
Tennessee

Carl Daniel Scott
100 E MAIN ST
SEVIERVILLE, TN
Specialties
Chapter 11, Chapter 7, Chapter 13, Business, Litigation, Probate
Education
UNIV TN
State Licensing
Tennessee

Robin King
(865) 742-8649
3216 Roanoke Circle
Knoxville, TN
Specialties
Corporate Counsel

Data Provided By:
Scott D. Hall
(865) 428-9900
105 East Bruce Street
Sevierville, TN
 
Travis Edward Venable
(865) 522-9942
422 S Gay St, 3rd Floor
Knoxville, TN
Specialties
Business, Fraud, Personal Injury, Litigation
Education
Appalachian School of Law
State Licensing
Texas

Data Provided By:

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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