Corporate Attorneys Syracuse NY

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 Syracuse, NY that can help answer your questions about Corporate Attorneys.

David Sanford Kimpel
614 JAMES ST
SYRACUSE, NY
Specialties
Real Estate, Foreclosure, Business, Corporate, Arbitration, Estate Planning
Education
State University of New York, Buffalo
State Licensing
New York

Thomas Peter Givas
(315) 472-4481
Ali Pappas & Cox Pc, 614 James St Ste 100
Syracuse, NY
Specialties
Commercial, Business, Employee Benefits, Health Care, Construction
Education
Syracuse University College of Law,Dartmouth College
State Licensing
New York, Pennsylvania

F Paul Vellano
308 MALTBIE ST STE 200
SYRACUSE, NY
Specialties
Banking, Commercial, Debt Collection
Education
Syracuse University College of Law,Syracuse University
State Licensing
New York

John G. Powers
(315) 471-3151
100 MADISON ST ONE MONY TOWER
SYRACUSE, NY
Specialties
Commercial, Contracts, Defective & Dangerous Products, Intellectual Property, Litigation
Education
Syracuse University College of Law,United States Military Academy,Maxwell School of Citizenship and
State Licensing
New York

Warren David Wolfson
(315) 425-7960
100 MADISON ST ONE MONY TOWER
SYRACUSE, NY
Specialties
Corporate, Mergers & Acquisitions, Commercial
Education
Syracuse University College of Law,Boston University
State Licensing
New York

Andrew Pappas
614 JAMES ST
SYRACUSE, NY
Specialties
Litigation, Business, Commercial, Personal Injury, Estate Planning
Education
Syracuse University College of Law
State Licensing
New York

Martin Anthony Lynn
(315) 442-0124
555 E Genesee St
Syracuse, NY
Specialties
Commercial, Litigation, Intellectual Property
State Licensing
New York

Robert Dana Poyer
(315) 471-3151
100 MADISON ST ONE MONY TOWER
SYRACUSE, NY
Specialties
Corporate, Banking, Bankruptcy, Debt Collection
Education
Cornell Law School,State University of New York, Binghamton
State Licensing
New York

Charles Howard Grundner
(315) 424-8944
250 S Clinton St Ste 502
Syracuse, NY
Specialties
Real Estate, Commercial, Residential
State Licensing
New York

Peter Vincent White
(315) 471-3151
100 MADISON ST ONE MONY TOWER
SYRACUSE, NY
Specialties
Health Care, Corporate, Tax
Education
Fordham University,State University of New York, Albany
State Licensing
New York

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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New York Antitrust Laws

Antitrust Code Section: Gen. Bus. §340 ¶5., et seq.

Time Limit to Bring Claim: 4 yrs. (suspended during pendency of federal action based in whole or in part on same matter)

Is a Private Lawsuit Possible? Yes; no prerequisite for administrative action but private party plaintiff must notify the attorney general

Can a Successful Plaintiff Recover Attorneys' Fees? Yes

From www.findlaw.com