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.

Stephen John Hughes
(410) 494-7777
29 W SUSQUEHANNA AVE STE 110
TOWSON, MD
Specialties
Medical Malpractice, Personal Injury, Commercial, Litigation
Education
University of Maryland School of Law,University of Maryland, College Park
State Licensing
Maryland

David Harper Cole
305 West Chesapeake Avenue, Suite 105
Towson, MD
Specialties
Real Estate, Bankruptcy, Estate Planning, Litigation, Commercial
State Licensing
Maryland

Todd Willson Mcgibney
(866) 575-7854
219 W JOPPA RD STE 200
TOWSON, MD
Specialties
Family, Criminal Defense, Bankruptcy, Personal Injury, Business
Education
University of Baltimore School of Law,Citadel
State Licensing
Maryland

Timmy F Ruppersberger
(410) 494-6353
210 ALLEGHENY AVE
TOWSON, MD
Specialties
Business, Public Finance
Education
University of Maryland School of Law,University of Maryland
State Licensing
Maryland

Scott D Goetsch
(410) 583-5241
305 WASHINGTON AVE STE 401
TOWSON, MD
Specialties
Insurance, Commercial
Education
Duke University School of Law,Duke University
State Licensing
DC, Maryland

Howard M Heneson
(410) 494-8388
810 GLEN EAGLES CT STE 301
TOWSON, MD
Specialties
Business, Chapter 13, Chapter 11, Bankruptcy
Education
University of Maryland School of Law,University of Maryland, College Park
State Licensing
Maryland

John Neil Lanzi
(410) 296-0686
MERCANTILE TOWSON BUILDING 409 WASHINGTON AVE STE 617
TOWSON, MD
Specialties
Business, Contracts, Land Use & Zoning, Estate Planning, Personal Injury
Education
University of Baltimore School of Law,Loyola College
State Licensing
Maryland

Chris A Owens
(410) 321-9349
307 Allegheny Ave
Towson, MD
Specialties
Estate Planning, Business, Trusts, Elder Law, Tax
Education
University of Baltimore School of Law,University of Baltimore,Washington College
State Licensing
DC, Maryland

Laura Courtenay Jenifer
(410) 494-4954
7825 YORK RD
TOWSON, MD
Specialties
Business, Employment, Personal Injury, Defective & Dangerous Products, Litigation
Education
University of Baltimore School of Law,College of Notre Dame of Maryland
State Licensing
Maryland

Mark James Mctamney
(410) 244-7444
1210 Robin Hood Cir.
Towson, MD
Specialties
Real Estate, Business, Advertising
State Licensing
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...

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