Corporate Attorneys Southaven MS

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 Southaven, MS that can help answer your questions about Corporate Attorneys.

R. Layne Holley
(901) 759-3489
9032 STONE WALK PL
GERMANTOWN, TN
Specialties
Litigation, Commercial, Insurance, Wills, Probate
Education
University of Memphis,University of Memphis,Middle Tennessee State University
State Licensing
Tennessee

Russell G. Webb
(901) 219-0115
1794 Kimbrough Rd
Germantown, TN
Specialties
Corporate, Real Estate
Education
Thomas M. Cooley Law School,Western Michigan University
State Licensing
Michigan, Tennessee

John David Underwood
(901) 497-9070
3766 Friar Tuck
Memphis, TN
Specialties
Business
Education
Oak Brook COL & Gov't Policy,Memphis St Univ
State Licensing
California

Max L Ostrow
(901) 763-2134
5118 PARK AVE STE 600
MEMPHIS, TN
Specialties
Business, Family, Personal Injury, Real Estate, Wills
Education
Washington University School of Law,Northwestern University,Memphis State University
State Licensing
Tennessee

Michael Anthony Robinson
(901) 525-1322
1 COMMERCE SQ STE 1700
MEMPHIS, TN
Specialties
Corporate, Business, Tax, Estate Planning
Education
University of Memphis - Cecil C. Humphreys School of Law ,University of Memphis
State Licensing
Tennessee

Richard Lee Rikard
(901) 754-9935
7515 CORPORATE CENTER DR
GERMANTOWN, TN
Specialties
Business, Personal Injury, Workers Compensation, Social Security
Education
University of Memphis - Cecil C. Humphreys School of Law ,University of Memphis
State Licensing
Tennessee

Donald A. Malmo
(901) 577-2200
6750 Poplar Ave Ste 300
Memphis, TN
Specialties
Tax, Business, Mergers & Acquisitions
Education
VANDERBILT
State Licensing
Tennessee

Sarah E. T. Pitts
(901) 763-0326
P.O. Box 40816
Memphis, TN
Specialties
Tax, Business, Probate, Real Estate
Education
University Of Houston
State Licensing
Texas

William Gregory Webb
(901) 767-0900
700 Colonial Rd Ste 200
Memphis, TN
Specialties
Business
Education
Texas Tech University
State Licensing
Tennessee, Texas

Colleen Denise Hitch
(901) 543-5929
100 Peabody Place, Suite 900
Memphis, TN
Specialties
Litigation, Commercial
Education
University of Virginia School of Law,Georgetown University
State Licensing
Ohio, Tennessee

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...

Click here to read the rest of this article from GlobalBx

Local Events

Matering and Managing the 6 Pillars of Productivity Workshop
Dates: 10/13/2020 – 10/14/2020
Location:
The Peabody Memphis
View Details