Corporate Attorneys Van Buren AR

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 Van Buren, AR that can help answer your questions about Corporate Attorneys.

Kevin Richmond Holmes
(479) 922-2175
615 N. PLAZA DRIVE PO BOX 7359
VAN BUREN, AR
Specialties
Family, Personal Injury, Credit Card Fraud, Business, Social Security, General Practice
Education
University of Arkansas Leflar School of Law,University of Arkansas at Little Rock
State Licensing
Arkansas

Daniel W. Walker
(207) 623-5300
400 ROGERS AVE
FORT SMITH, AR
Specialties
Business, International Law, Estate Planning
State Licensing
Arkansas

Newton Donald Jenkins Jr
1209 HIGHWAY 71 NORTH PO BOX 1525
ALMA, AR
Specialties
Employment, Corporate, Business, Estate Planning, Bankruptcy
Education
University of Arkansas, Fayetteville, Leflar Law Center,Arkansas State University, Jonesboro
State Licensing
Arkansas

Roy R. Gean III
(479) 783-1124
511 Garrison Avenue
Fort Smith, AR
 
Robert Y. Cohen II
(479) 782-1001
510 North Greenwood Avenue, P.O. Box 10205
Fort Smith, AR
 
Benjamin H. Shipley III
(479) 783-8200
5401 ROGERS AVE STE 200
FORT SMITH, AR
Specialties
Employment, Business, Health Care
Education
Southern Methodist University,University of Arkansas - Fayetteville
State Licensing
Arkansas

Charles D. Baker
(479) 632-8777
31 WEST CHERRY STREET PO BOX 700
ALMA, AR
Specialties
Family, Bankruptcy, Business, Employment, General Practice
Education
University of Louisiana, Lafayette,University of Louisiana, Lafayette,University of Arkansas
State Licensing
Arkansas

Paul B. Gean
(479) 783-1124
511 Garrison Avenue
Fort Smith, AR
 
Roy R. Gean Jr.
(479) 783-1124
511 Garrison Avenue
Fort Smith, AR
 
Michael K. Redd
(479) 782-1001
510 North Greenwood Avenue, P.O. Box 10205
Fort Smith, AR
 

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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