C-Corps

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					C-Corporations

If you are looking to incorporate your business, one of the most common types of
corporations is a C-corporation. A C-corporation is a state-incorporated business
that is for-profit. This type of corporation offers many advantages to business
owners. Incorporating can be a complex process, therefore the legal assistance of
a C-Corporation lawyer is vital if you wish to incorporate your current business.

A C-Corporation can:

    Make business deals
    Own property
    Sue other businesses independently of the shareholders

With a C-Corporation, tax procedures are different. IRS form 1120 is used to file
separate income taxes while corporate taxes are regularly paid for the business.
The advantage that
results is that a business owner is not personally responsible for any debt that is
incurred by the company. An attorney can help to eliminate the stress and
confusion that may come with
incorporating your business.

Due to a number of regulations, many formalities must be followed when creating a
C-Corporation. Depending on which state you live in, there may be requirements
that include minutes being taken at officer appointments and Board of
Director/shareholder meetings.
Additionally, certain records must receive a certain level of maintenance. Most
states have these types of requirements. In addition, in a C-Corporation,
shareholders and the Board of Directors play a big part because of their ownership
rights.

				
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Steve  Rossow Steve Rossow General Manager www.smallbusinesslawfirms.com
About I joined Moxy Media as Vice President of Business Development in 2007 and I am responsible for growing new media sales and developing opportunities for Moxy Media. I bring 25 years of sales, marketing and business development experience, applying technology, Internet products and services to consumers, SMB and Fortune 500 organizations. I joined Moxy Media from Eforcemedia, growing their lead generation business through strategic alliances. I was the Business Development Director for AVAYA, launching IP Telephony into the cable industry, Fortune 500 and SMB markets. I was also recruited to AT&T, getting its WorldNet service launched from scratch. As Worldnet’s first Business Development Director, I created strategic alliances with over 80 companies and created the “Internet for Everyone Sweepstakes.” I also launched Worldnet’s e-commerce initiatives. I left AT&T to become the Vice President of Business Development of iMall, Inc., a publicly-held e-commerce enabler. I played a pivotal role in a $14 million investment from First Data Corporation to build their e-commerce gateway and created the relationship and eventual sale of iMall to Excite@Home in 1999 for $565 million.