Corporate Attorneys Wallingford CT

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 Wallingford, CT that can help answer your questions about Corporate Attorneys.

Stephen B. Dorrough
(203) 265-8639
358 Hall Ave
Wallingford, CT
Specialties
Contracts, Corporate, Social Security
State Licensing
Washington

Joan C Molloy
(203) 265-2035
150 S MAIN ST
WALLINGFORD, CT
Specialties
Real Estate, Land Use & Zoning, Estate Planning, Probate, Business
Education
University of Connecticut School of Law,Southern Connecticut State College,University of Connecticut
State Licensing
Connecticut

Joseph F Weigand JR
(203) 238-1010
636 BROAD STREET PO BOX 2420
MERIDEN, CT
Specialties
Real Estate, Estate Planning, Business
Education
University of Connecticut School of Law,University of Connecticut
State Licensing
Connecticut

Julie A Morgan
(203) 235-1651
530 PRESTON AVENUE 2ND FLOOR PO BOX 183
MERIDEN, CT
Specialties
Contracts, Bankruptcy, Commercial, Identity Theft, Corporate
Education
Quinnipiac University School of Law,University of Connecticut
State Licensing
Connecticut

David Brown
(203) 235-1651
530 PRESTON AVENUE 2ND FLOOR PO BOX 183
MERIDEN, CT
Specialties
Contracts, Bankruptcy, Commercial, Identity Theft, Corporate
Education
University of Connecticut School of Law,University of Connecticut
State Licensing
Connecticut

Ann F Leslie
(203) 269-7756
375 CENTER STREET PO BOX 369
WALLINGFORD, CT
Specialties
General Practice, Family, Business, Estate Planning, Real Estate
Education
Boston College Law School,Western New England College School of Law,College of the Holy Cross,Choate
State Licensing
Connecticut

Mario G Ceste
(203) 678-6418
4 Turnberry Road, P.O Box 82
Wallingford, CT
Specialties
Business, Intellectual Property, Litigation
State Licensing
Connecticut

Houston P Lowry
(203) 235-1651
530 PRESTON AVENUE 2ND FLOOR PO BOX 183
MERIDEN, CT
Specialties
Litigation, Commercial, Bankruptcy, Administrative Law, International Law
Education
Gonzaga University School of Law,Pitzer College,University of Connecticut,University of Cambridge
State Licensing
Connecticut

Thomas S Luby
(203) 639-3560
405 BROAD STREET PO BOX 2695
MERIDEN, CT
Specialties
Litigation, Government, Business, Employment, Criminal Defense
Education
University of Connecticut School of Law,Yale University
State Licensing
Connecticut

Thomas J Welsh
(203) 235-1651
530 PRESTON AVENUE 2ND FLOOR PO BOX 183
MERIDEN, CT
Specialties
Litigation, Bankruptcy, Commercial, Mergers & Acquisitions
Education
University of Connecticut School of Law,Massachusetts Institute of Technology,University of Connecti
State Licensing
Connecticut

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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