Corporate Attorneys Tullahoma TN

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 Tullahoma, TN that can help answer your questions about Corporate Attorneys.

John Raymond LaBar
(888) 461-4LAW
300 N JACKSON ST PO BOX 538
TULLAHOMA, TN
Specialties
Corporate, Business, Estate Planning, Intellectual Property, Employment
Education
University of Tennessee College of Law ,University of Tennessee at Chattanooga
State Licensing
Tennessee

James Hollowell Henry II
(888) 461-4LAW
PO BOX 538
TULLAHOMA, TN
Specialties
Corporate, Probate, Commercial, Employment
Education
University of Tennessee College of Law ,Vanderbilt University
State Licensing
Tennessee

Ben P Lynch
(931) 967-2228
107 FIRST AVENUE, N.E. PO BOX 310
WINCHESTER, TN
Specialties
Probate, Estate Planning, State, Local And Municipal Law, Corporate, Insurance
Education
Vanderbilt University Law School,David Lipscomb College
State Licensing
Tennessee

John R. LaBar
(931) 455-9301
300 North Jackson Street
Tullahoma, TN
 
Songer, Janet Meredith
(931) 962-3388
315 N High St
Winchester, TN

Data Provided By:
Richard Wilson Gabriel
(888) 461-4LAW
P.O. BOX 538 300 N JACKSON ST
TULLAHOMA, TN
Specialties
Real Estate, Probate, Business, Bankruptcy
Education
University of Tennessee College of Law ,University of North Carolina, Chapel Hil
State Licensing
Tennessee

Mark Allen Williams
(931) 728-0900
121 North Irwin St.
Manchester, TN
Specialties
Real Estate, Business, Corporate, Litigation, Trusts
Education
Mercer Univ-W.George L.S
State Licensing
Georgia, Tennessee

Frank Carl Lynch
(931) 967-2228
107 FIRST AVENUE, N.E. PO BOX 310
WINCHESTER, TN
Specialties
Probate, Estate Planning, Workers Compensation, Insurance, Corporate
Education
Memphis State University School of Law,David Lipscomb College
State Licensing
Tennessee

Richard W. Gabriel
(931) 455-9301
300 North Jackson Street
Tullahoma, TN
 
John Wellington Peterson
(615) 320-3700
1906 W END AVE
NASHVILLE, TN
Specialties
Corporate, Business, Litigation, Real Estate
Education
University of Southern California Law School,University of Southern California
State Licensing
Tennessee

Data Provided By:

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