Corporate Attorneys Westfield NJ

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 Westfield, NJ that can help answer your questions about Corporate Attorneys.

Keith P McManus
(973) 514-1200
600 SOUTH AVE PO BOX 580
WESTFIELD, NJ
Specialties
Environmental, Business, Real Estate
Education
Boston College Law School,College of William and Mary
State Licensing
New Jersey

Barry J Donohue
(908) 233-6800
53 CARDINAL DR PO BOX 2369
WESTFIELD, NJ
Specialties
Construction, Business, Insurance, Lawsuits & Disputes
Education
Saint Anselm College,Catholic University of America, Columbus School of Law
State Licensing
New Jersey

James D De Rose
(908) 233-6800
53 CARDINAL DR PO BOX 2369
WESTFIELD, NJ
Specialties
Defective & Dangerous Products, Car Accident, Lemon Law, Business
Education
Wagner College,Catholic University of America, Columbus School of Law
State Licensing
New Jersey

Anne Steel Burris
(908) 301-5641
Lindabury Mccormick Et Al, 53 Cardinal Drive
Westfield, NJ
Specialties
Business, Lemon Law, Family, Estate Planning
Education
Seton Hall University School of Law,Northwestern University,Washington University in St. Louis
State Licensing
New Jersey, Pennsylvania

Fred S Shahrooz-Scampato
(908) 301-9095
SECOND FLOOR 445 E BROAD ST
WESTFIELD, NJ
Specialties
Employment, Civil Rights, Business
Education
University of Illinois College of Law,Drew University,Drew University
State Licensing
New Jersey

Richard J Ericsson
(908) 789-8550
600 SOUTH AVE PO BOX 580
WESTFIELD, NJ
Specialties
Environmental, Business, Real Estate
Education
Vermont Law School,Skidmore College
State Licensing
New Jersey

Frederick W Rose
(908) 233-6800
53 Cardinal Dr, Po Box 2369
Westfield, NJ
Specialties
Business, Estate Planning
Education
Cornell University,Cornell University
State Licensing
New Jersey

Robert Scott Burney
(908) 233-6800
53 CARDINAL DR PO BOX 2369
WESTFIELD, NJ
Specialties
Business, Banking, Mergers & Acquisitions, Real Estate, Health Care
Education
Seton Hall University School of Law,Bucknell University
State Licensing
New Jersey

Kathleen M Connelly
(908) 233-6800
53 CARDINAL DR PO BOX 2369
WESTFIELD, NJ
Specialties
Employment, Sexual Harassment, Business, Lawsuits & Disputes, Litigation
Education
Rutgers, The State University of New Jersey School of Law - Newark (S.I. Newhouse Center for Law & J
State Licensing
New Jersey

Regina E Schneller
(908) 789-8550
600 SOUTH AVE PO BOX 580
WESTFIELD, NJ
Specialties
Real Estate, Commercial, Business, Estate Planning, Tax
Education
New York University School of Law,Yeshiva University, Benjamin N. Cardozo School of Law,St John's Un
State Licensing
New Jersey

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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