John M. Hyams received his BA degree from West Virginia University in 1998 and earned his Juris Doctor degree from Widener University School of Law in 2001. John’s areas of practice include: Bankruptcy Law Debtor and Creditor Law Business Law...
Practice areas & skills: Bankruptcy & Debt, Business, Real Estate
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A corporation is a formal way to organize your business to gain rights and privileges, and to limit your personal liability. There may be tax and financial advantages to incorporation, but it can also increase your business licensing fees and decrease the amount of personal control you have in running your business. There are many legal consequences to incorporation, so it's a good idea to consult an attorney specializing in corporate law. A corporate attorney also represents shareholders unhappy with the actions of a corporation.