Corporate Attorneys Stillwater MN

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 Stillwater, MN that can help answer your questions about Corporate Attorneys.

David C Anastasi
(651) 439-2951
14985 N 60th St
Stillwater, MN
Specialties
Real Estate, Commercial, Banking
Education
Hamline U
State Licensing
Minnesota, Wisconsin

Todd A Crabtree
610 N Main St Ste 300
Stillwater, MN
Specialties
Litigation, Estate Planning, Business, Workers Compensation, Personal Injury
Education
Hamline University School of Law,Northwestern College,University of Minnesota
State Licensing
Minnesota

Joel Richard Button
(651) 439-9284
226 E Myrtle St
Stillwater, MN
Specialties
Child Custody, Business, Estate Planning, Employment, Trusts
Education
William Mitchell College of Law,Drake University,University of Minnesota
State Licensing
Minnesota, Wisconsin

Lorrie Leigh Litzinger
(651) 439-2951
14985 N 60th St
Stillwater, MN
Specialties
Real Estate, Commercial, Residential
State Licensing
Minnesota

Cameron Royal Kelly
(651) 705-6277
1902 GREELEY ST S
STILLWATER, MN
Specialties
Land Use & Zoning, Landlord & Tenant, Business, Estate Planning, Real Estate
Education
William Mitchell College of Law,Gustavus Adolphus College
State Licensing
Minnesota

Michael Anthony Cavallaro
(651) 439-2951
14985 N 60th St
Stillwater, MN
Specialties
Real Estate, Commercial, Mediation
State Licensing
Minnesota

Heather Ann Podlucky
(612) 349-6171
12100 Arcola Trail N
Stillwater, MN
Specialties
Business, Litigation, Commercial
State Licensing
Virginia

Nicholas J. Vivian
(651) 439-2878
1809 NORTHWESTERN AVE S STE 110
STILLWATER, MN
Specialties
State, Local And Municipal Law, Business, Real Estate, Debt Collection
Education
Hamline University School of Law ,Northern Michigan University
State Licensing
Wisconsin

Steven M. O'Brien
(651) 402-6731
901 S. Third Street, Suite 204
Stillwater, MN
Specialties
Business, Real Estate, Employment, Estate Planning, Tax
Education
California Western School of Law,University of Saint Thomas
State Licensing
Minnesota

Michael Anthony Cavallaro
(651) 439-2951
14985 N 60th St
Stillwater, MN
Specialties
Real Estate, Commercial, Mediation
State Licensing
Minnesota

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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Local Events

UST Executive Conference on the Future of Health Care
Dates: 11/5/2020 – 11/5/2020
Location:
University of St.Thomas Saint Paul
View Details

UST Executive Conference on the Future of Health Care
Dates: 11/5/2020 – 11/5/2020
Location:
University of St.Thomas Saint Paul
View Details