Corporate Attorneys West Columbia SC

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 West Columbia, SC that can help answer your questions about Corporate Attorneys.

Robert D. Hazel
(803) 796-9160
1700 Sunset Blvd.
West Columbia, SC
Specialties
Estate Planning, Probate, Elder Law, Business
Education
University of South Carolina School of Law,University of South Carolina,University of South Carolina
State Licensing
South Carolina

Frederick A Crawford
(803) 576-3711
1900 Barnwell Street
Columbia, SC
Specialties
Ethics, Business, Estate Planning, Health Care, Mergers & Acquisitions
Education
University of South Carolina School of Law,University of Virginia
State Licensing
South Carolina

Frank E Robinson II
(803) 576-3723
1900 Barnwell Street
Columbia, SC
Specialties
Business, Real Estate
Education
University of South Carolina School of Law,University of South Carolina
State Licensing
South Carolina

Yolanda C. Courie
(803) 779-2300
700 Gervais St Ste 300
Columbia, SC
Specialties
Business, Litigation, Construction
Education
University of South Carolina School of Law,University of Virginia
State Licensing
South Carolina

Shawn Lavery DeJames
(803) 779-2300
700 Gervais St Ste 300
Columbia, SC
Specialties
Business
Education
State University of New York at Buffalo School of Law,Canisius College
State Licensing
South Carolina

James Edward (Ward) Bradley
(803) 796-9160
1700 Sunset Blvd.
West Columbia, SC
Specialties
Business, Personal Injury
Education
University of South Carolina School of Law,Davidson College
State Licensing
South Carolina

Thomas E. Lydon
(803) 779-2300
700 Gervais St Ste 300
Columbia, SC
Specialties
Business, Estate Planning, Litigation
Education
University of South Carolina School of Law,University of South Carolina
State Licensing
South Carolina

William Keefer Brumbach III
(803) 231-2500
1201 Main Street Suite 1930
Columbia, SC
Specialties
Employment, Business, Litigation
Education
Harvard University
State Licensing
Georgia

Joe Earl Berry Jr.
(803) 779-2650
1122 Lady Street, 5th Floor, P.O. Box 394
Columbia, SC
Specialties
Real Estate, Business, Government
Education
University of South Carolina School of Law,University of South Carolina School of Law,College of Cha
State Licensing
South Carolina

Stephen Keith Benjamin
(803) 779-2300
700 Gervais St Ste 300
Columbia, SC
Specialties
Business, Litigation
Education
University of South Carolina School of Law,University of South Carolina
State Licensing
South Carolina

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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