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Form a Sub Chapter S Corporation with AmeriLawyer

Form a Sub Chapter S Corporation with AmeriLawyer published on

The Sub Chapter S Corporation is an attractive form of doing business because it combines the business and legal characteristics of a corporation with many of the income tax characteristics of a partnership. For flow-through of profits and losses to the owners, the Subchapter S Corporation is treated in a manner similar to a partnership. For other purposes, such as limited liability, distributions, redemptions and reorganizations, the Sub Chapter S Corporation is treated much like a regular corporation.

What are the tax benefits of a Sub Chapter S Corporation? A regular Corporation is subject to federal and state Corporate Income Taxes. Therefore, profits are taxed first on the corporate level and then again at the individual level of the shareholders to whom the profits are distributed.

This double taxation could result in a combined taxation rate of 70% or higher! A Sub Chapter S Corporation is exempt from federal and state corporate Income Tax, so that the earnings of the Corporation flow directly to the owners.

What are the requirements of a “small business corporation?” A small business corporation is a domestic corporation that:

– Is not an ineligible corporation (such as a bank, insurance company, possessions corporation or domestic international sales corporation);

– Does not have more than 100 shareholders (spouses and families are now counted as one shareholder);

– Does not have shareholders other than individuals, estates, certain trusts, or certain tax-exempt organizations;

– Has no nonresident alien shareholders; and

– Does not have more than one class of stock (i.e., has only common stock, not both common and preferred).

Starting a business is hard work, but that does not mean that it needs to consume your entire life. Let Spiegel & Utrera, P.A. relieve your stress so you can enjoy the freedom and independence that led you to start your own enterprise in the first place. Call us or Email us today so that we can serve you by setting up your Sub Chapter S Corporation.

For one low fee, your Sub Chapter S Corporation is COMPLETE and

INCLUDES FREE State Filing Fees.
INCLUDES FREE Corporate or Company Seal and Book.
INCLUDES FREE Certificate or Articles of Incorporation or Organization.
INCLUDES FREE Company or Corporate Minutes.
INCLUDES FREE By Laws.
INCLUDES FREE Membership or Stock Certificate.
INCLUDES FREE Preliminary Name Search.

Yes, even INCLUDES Attorney’s Fee (No Hidden Attorney Fees).

Visit our Website today!

http://www.amerilawyer.com

To find more information about Sub Chapter S Corporations click here:

http://www.amerilawyer.com/form_a_sub_chapter_s_corporation/sub_chapter_s_corporation.htm
Phone: (800) 603-3900
Email: info@Amerilawyer.com

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Why Should You Form A Corporation

Why Should You Form A Corporation published on

The formation of a corporation as a business entity can help reduce your taxes and also provide peace of mind by protecting your personal assets. Here at Spiegel & Utrera, P.A. we want to help you Incorporate a Business and we have put together three advantages on how you can enjoy its benefits.

The most important reason to incorporate is to protect yourself from personal liability. When you incorporate, you are forming a legal entity that is separate from yourself as an individual. The Corporation has powers vested upon it that allows it to make all the decisions that an individual may make. For example, the Corporation may enter into leases, the Corporation may borrow money, it may buy goods and services on credit, and in all cases you are not personally liable for the transaction. If a problem arises, the only recourse would be against the Corporation, similarly, if anyone were to ever file a lawsuit for an action arising out of the business of the Corporation, that party would not be able to go after your personal assets such as your home, or car or boat etc., as long as you comply with the formalities of a Corporation. Therefore you have the peace of mind knowing that your personal assets are safe.

Tax Flexibility

One of the greatest advantages of forming a corporation is that you can elect to be taxed as a corporation. You could avoid double taxation of corporate dividends and profits by choosing Sub Chapter S tax status.

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When you incorporate, you are forming a legal entity that is separate from yourself as an individual. The Corporation has powers vested upon it that allows it to make all the decisions that an individual may make. For example, the Corporation may enter into leases, the Corporation may borrow money, it may buy goods and services on credit, and in all cases you are not personally liable for the transaction. If a problem arises, the only recourse would be against the Corporation, similarly, if anyone were to ever file a lawsuit for an action arising out of the business of the Corporation, that party would not be able to go after your personal assets such as your home, or car or boat etc., as long as you comply with the formalities of a Corporation. Therefore you have the peace of mind knowing that your personal assets are safe.

Spiegel & Utrera, P.A. lawyers are qualified and highly experienced in Forming Corporations, Limited Liability Company and Sub Chapter S Corporations. For over 20 years Spiegel & Utrera, P.A. has been serving its 260 000 clients with the utmost respect and quality services. Our prices are the lowest in the industry and we guarantee a top rated service. Make sure to visit our website today for more details!

 

www.AmeriLawyer.com

To find more information about Incorporating a Business click here:

 http://www.amerilawyer.com/form_a_corporation/corporation.htm


 

Phone: (800) 603-3900

Email: info@Amerilawyer.com


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