Business Law

Anthony Hanson, Esq., attorney at law, can offer guidance in starting a new business. Working with an attorney can facilitate your business’s success by ensuring that every legal detail is tended to.

For the affordable prices of $200 and $450, Anthony Hanson, Esq., has experience in establishing multiple legal business entities like Limited Liability Corporations and Subchapter S Corporations across a number of industries. These legal entities are utilized in organizing the tax structure for one’s business. It’s important to choose the correct tax structures that benefit your business and that makes sense for your operation.

The process can be quite lengthy and involved in establishing these entities depending on a number of aspects. Firstly, an LLC stands for limited liability corporation and meets a set of criteria: an LLC is a business entity organized per state law, it doesn’t have legal status, doesn’t issue out stock, and contains individuals or “members” that are considered the owner.

An LLC allows the business owner to limit personal liability for business debts. Furthermore, and most importantly, with an LLC, only assets owned in the name of the business are subject to business creditors, which means that lawsuits fall upon the business and not the LLC owner. Personal assets of the owner, therefore, can’t be subjected to covering business debts. Other benefits include being able to raise capital from investors and avoiding corporate taxes on income.

An S-corp experiences similar tax benefits of an LLC by turning business income, tax deductions, credits, and losses to the owner and not the business itself.

Through Hanson, Esq., easily register your business and have the guidance and clarification of an attorney.