Corporate Attorneys Vienna VA

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 Vienna, VA that can help answer your questions about Corporate Attorneys.

Maxwell Bruce Hirshorn
(703) 763-0914
307 Maple Avenue West, Suite D
Vienna, VA
Specialties
Business, Estate Planning, Tax, Wills, Power Of Attorney
Education
Georgetown University Law Center,University of Pennsylvania Law School,Yale University,London School
State Licensing
Virginia

Phillip A Quatrini
(703) 859-4943
8460 TYCO RD STE H
VIENNA, VA
Specialties
Corporate, Mergers & Acquisitions, LLC, Venture Capital
Education
Pennsylvania State University, University Park (main campus),Catholic University of America
State Licensing
DC, Pennsylvania, Virginia

Emily Halm Jenkins
(703) 760-1964
8010 Towers Crescent Drive
Vienna, VA
Specialties
Litigation, Commercial, Class Action
State Licensing
Virginia

Alan Jeffrey Lee
(703) 763-0914
307 Maple Avenue West, Suite D
Vienna, VA
Specialties
Estate Planning, Probate, Tax, Business
Education
University of Miami School of Law,University of Richmond, The T. C. Williams School of Law,Emory Uni
State Licensing
Virginia

Jason D Smolen
(703) 790-1900
8045 Leesburg Pike 5th Floor
Vienna, VA
Specialties
Estate Planning, Business, Trusts
State Licensing
DC

Margaret Lynch Selwood
(703) 905-1435
8010 Towers Crescent Drive, #300
Vienna, VA
Specialties
Real Estate, Commercial, Advertising
State Licensing
DC

Rory Kieran Nugent
(703) 848-2530
9th Floor, Tysons Corner, 8133 Leesburg Pike
Vienna, VA
Specialties
Commercial, Real Estate, Landlord & Tenant
State Licensing
Virginia

Douglas B Mcdonald
(703) 760-1639
8010 Towers Crescent Drive, Suite 300
Vienna, VA
Specialties
Real Estate, Commercial, Government
State Licensing
DC

Stephen Charnoff
(703) 790-1911
8133 Leesburg Pike, Suite 900
Vienna, VA
Specialties
Commercial, Litigation
State Licensing
DC

Daniel Howard Ruttenberg
(703) 790-1900
8045 Leesburg Pike, Fifth Floor
Vienna, VA
Specialties
Estate Planning, Tax, Commercial
State Licensing
DC

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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