Corporate Attorneys Towson MD

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 Towson, MD that can help answer your questions about Corporate Attorneys.

Jeffrey Paul Rogyom
(410) 929-4578
21 W SUSQUEHANNA AVE
TOWSON, MD
Specialties
Tax, Estate Planning, Corporate
Education
Boston University School of Law,Loyola University New Orleans College of Law,University of New Orlea
State Licensing
DC, Louisiana, Maryland

Jacqueline Nicole Windsor
(410) 583-2400
29 W SUSQUEHANNA AVE
TOWSON, MD
Specialties
Corporate, Employment, Litigation
Education
University of Maryland School of Law,Loyola College,Loyola College
State Licensing
Maryland

Peter Thomas Mcdowell
(410) 296-8160
305 W CHESAPEAKE AVE STE 209
TOWSON, MD
Specialties
Car Accident, Family, Business, Medical Malpractice, Criminal Defense
Education
University of Baltimore School of Law,Towson University
State Licensing
Maryland

Michael C Hodes
(410) 938-8800
901 Dulaney Valley Rd, Ste 400
Towson, MD
Specialties
Franchising, Estate Planning, Elder Law, Business
Education
University of Baltimore School of Law,Pennsylvania State University
State Licensing
Maryland

Linda C Cartier
(410) 821-6800
101 E CHESAPEAKE AVE
BALTIMORE, MD
Specialties
Real Estate, Commercial, Residential
Education
Brooklyn Law School,Sdelphi University
State Licensing
Maryland

Michael S Barranco
(410) 494-7777
29 W SUSQUEHANNA AVE STE 110
TOWSON, MD
Specialties
Banking, Business, Financial Markets And Services, Securities Offerings, Defective & Dangerous Products
Education
University of Maryland School of Law,Duke University
State Licensing
DC, Maryland

K Donald Proctor
(410) 823-2258
102 West Pennsylvania Avenue Ste 505
Towson, MD
Specialties
Business, Commercial, Real Estate, Tax
Education
University of Maryland School of Law,Lehigh University
State Licensing
Maryland

William F c Marlow JR
(410) 821-1013
404 ALLEGHENY AVE
TOWSON, MD
Specialties
Corporate, Antitrust, Litigation, Ethics
Education
University of Maryland School of Law,University of Virginia
State Licensing
Maryland

Kieron F Quinn
(410) 825-2300
102 W Pennsylvania Avenue, Suite 402
Towson, MD
Specialties
Class Action, Commercial, Maritime, Environmental, Personal Injury
Education
George Washington University National Law Center,Georgetown University
State Licensing
DC, Maryland

Robert Daniel Porter
(410) 339-5791
901 Dulaney Valley Road, Suite 400
Towson, MD
Specialties
Contracts, Corporate, Real Estate
Education
University of Baltimore School of Law,Loyola University Chicago
State Licensing
Illinois, Maryland

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