Corporate Attorneys Sulphur LA

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 Sulphur, LA that can help answer your questions about Corporate Attorneys.

Terrence David McCay
(337) 430-0350
1 Lakeshore Dr Ste 1150
Lake Charles, LA
Specialties
Employment, Business, Litigation
Education
Louisiana State University, Paul M. Hebert Law Center,University of Kentucky,Virginia Tech,Virginia
State Licensing
Louisiana

William J Mize
(337) 433-0234
1777 Ryan St
Lake Charles, LA
Specialties
Litigation, Energy, Business, Bankruptcy
Education
Tulane University School of Law,University of Southern Mississippi
State Licensing
Louisiana

Jared Lee Watson
(337) 433-0234
1777 Ryan St
Lake Charles, LA
Specialties
Business, Real Estate, Probate
Education
Louisiana State University, Paul M. Hebert Law Center,McNeese State University
State Licensing
Louisiana

Nicholas Andrew Goodling
(337) 433-0022
600 Broad Street
Lake Charles, LA
Specialties
Business, Probate, Real Estate
Education
Vanderbilt University
State Licensing
Texas

John F Robichaux
(337) 433-0234
1777 Ryan St
Lake Charles, LA
Specialties
Real Estate, Energy, Business
Education
Louisiana State University, Paul M. Hebert Law Center,Louisiana State University, Baton Rouge
State Licensing
Louisiana

Jenifer Enterante Cummings
(337) 564-4443
PO Box 6093
Lake Charles, LA
Specialties
Probate, Family, Federal Crime, Corporate
Education
Loyola University New Orleans College of Law,McNeese State University
State Licensing
Louisiana

Cary W Vercher
(337) 433-1414
910 Ford St
Lake Charles, LA
Specialties
Probate, Wills, Estate Planning, Bankruptcy, Business
Education
Louisiana State University, Paul M. Hebert Law Center
State Licensing
Louisiana

Nicholas Andrew Goodling
(337) 433-0022
600 Broad Street
Lake Charles, LA
Specialties
Business, Probate, Real Estate
Education
Vanderbilt University
State Licensing
Texas

Thomas Glynn Blazier
(337) 436-1600
1807 Lake St.
Lake Charles, LA
Specialties
Tax, Business, Oil & Gas, Elder Law, Probate
Education
Louisiana State University
State Licensing
Texas

Van Clifton Seneca
(337) 439-1233
405 W College St
Lake Charles, LA
Specialties
Business, Insurance, Personal Injury, Real Estate
Education
Louisiana State University
State Licensing
Texas

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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