Corporate Attorneys Williamsport PA

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 Williamsport, PA that can help answer your questions about Corporate Attorneys.

Jonathan E. Butterfield
442 WILLIAM ST
WILLIAMSPORT, PA
Specialties
Litigation, Estate Planning, Probate, Commercial
Education
Northeastern University School of Law,Bucknell University,Bucknell University
State Licensing
Pennsylvania

George V. Cohen
433 MARKET ST
WILLIAMSPORT, PA
Specialties
Elder Law, Estate Planning, Tax, Commercial
Education
Pennsylvania State University, Dickinson School of Law,Bucknell University
State Licensing
Pennsylvania

Melissa Renae Clark
(570) 279-4371
Schemery Zicolello Pc, 333 Market St
Williamsport, PA
Specialties
Business, Family, Personal Injury
State Licensing
Pennsylvania

Cynthia R Person
433 MARKET ST
WILLIAMSPORT, PA
Specialties
Commercial
Education
Pennsylvania State University, Dickinson School of Law,Case Western Reserve University
State Licensing
Pennsylvania

Ann S. Pepperman
433 MARKET ST
WILLIAMSPORT, PA
Specialties
Banking, Financial Markets And Services, Commercial, Employment, Real Estate
Education
Georgetown University Law Center,Gettysburg College
State Licensing
Pennsylvania

Peter G Facey
433 MARKET ST
WILLIAMSPORT, PA
Specialties
Tax, Commercial
Education
Villanova University School of Law,Pennsylvania State University, University Park (main campus)
State Licensing
Pennsylvania

N. Randall Sees
433 MARKET ST
WILLIAMSPORT, PA
Specialties
Banking, Commercial, Corporate, Bankruptcy, Criminal Defense
Education
Pennsylvania State University, University Park (main campus)
State Licensing
Pennsylvania

Richard Fredric Schluter
(570) 326-5131
835 W Fourth Street, Po Box 577
Williamsport, PA
Specialties
Commercial, Litigation, Medical Malpractice
State Licensing
Pennsylvania

Daniel K. Mathers
(800) 326-6608
416 PINE ST STE 308
WILLIAMSPORT, PA
Specialties
Business, Real Estate, Bankruptcy, Administrative Law, Elder Law
State Licensing
Pennsylvania

Benjamin E Landon
433 MARKET ST
WILLIAMSPORT, PA
Specialties
Commercial, Employment, Defective & Dangerous Products, State, Local And Municipal Law
Education
College of William and Mary, Marshall-Wythe School of Law,College of William and Mary in Virginia,Ly
State Licensing
Pennsylvania

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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