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Tinley Park Incorporation Attorneys | Tinley Park Corporate Attorneys | LLC Attorneys, Tinley Park IL

Tinley Park Incorporation Attorneys | Tinley Park Corporate Attorneys | LLC Attorneys, Tinley Park IL

Our Tinley Park business attorneys have the knowledge and commitment to represent you on complex matters and the best approach to take regarding different aspects of your business.  We will be there for you and your business to give assistance with incorporation, contracts, exit strategies, asset purchase agreements, commercial disputes or employees.

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Tinley Park Corporate Attorneys

incorporation attorney tinley park illinois

Please contact our friendly

Tinley Park Corporate Attorneys

at our nearest location to schedule a free consultation:

O'Flaherty Law of Tinley Park

​16557 Oak Park Avenue, Ste. B
Tinley Park
,
IL
60477
Get Directions

See below for our other locations. If our office locations are not convenient for you, we are happy to speak with you by phone.  ​​​

Hours: 
9 am - 5 pm, Mon-Fri

Our  Office Locations: 

Downers Grove Attorneys, Downers Grove Attorney, Downers Grove Lawyer, Downers Grove Lawyers

Downers Grove

5002 Main St, Ste. 201 Downers Grove, IL 60515

Naperville Attorney, Naperville Attorneys, Naperville Lawyers, Naperville Lawyer

Naperville

105 Jackson Avenue, Ste. 4b Naperville, IL 60540

Elmhurst Lawyer, Elmhurst Lawyers, Elmhurst Attorneys, Elmhurst Attorney

Elmhurst

​110 E. Schiller Street, Ste. 220B ​Elmhurst, IL 60126

Lake in the Hills Attorneys, Lake in the Hills Attorney, Lake in the Hills Lawyer, Lake in the Hills Lawyers

Lake in the Hills

8411 Pyott Road, Ste. 107, ​Lake in the Hills, IL 60156

Tinley Park Attorney, Tinley Park Attorneys, Tinley Park Lawyer, Tinley Park Lawyers

Tinley Park

​16557 Oak Park Avenue, Ste. B, Tinley Park, IL 60477

St. Charles Attorneys, St. Charles Lawyers, St. Charles Attorney, St. Lawyer

St. Charles

210 S Fifth St, Ste. 107B, St. Charles, IL 60174

Here's What Our Clients Have to Say:

John Paul Clancy
Says...

"Kevin and his firm, O'Flaherty Law, are friendly, efficient, knowledgeable and professional. Kevin is a master at bringing people together and sharing ideas."

Kevin Sender
Says...

"Kevin O'Flaherty and his team at O'Flaherty Law are among the friendliest and easiest to work with attorneys I've dealt with. I would suggest them to any friends or business associates."

Kevin O'Flaherty was instrumental during the purchase process of my new house. I highly recommend him and the entire firm!

An excellent client experience, I recommend O'Flaherty Law to all of my clients that have a need for consultation in family law.

DuPage Family Law AttorneyDowners Grove Estate Planning Attorney
John Paul Clancy
Says...
"Kevin and his firm, O'Flaherty Law, are friendly, efficient, knowledgeable and professional. Kevin is a master at bringing people together and sharing ideas."
DuPage Family Law AttorneyDowners Grove Estate Planning Attorney
Kevin Sender
Says...
"Kevin O'Flaherty and his team at O'Flaherty Law are among the friendliest and easiest to work with attorneys I've dealt with. I would suggest them to any friends or business associates."
DuPage Family Law AttorneyDowners Grove Estate Planning Attorney
Mike Stehlik
Says...
"Kevin and his team are my "Go To" resource for clients that need estate planning"
Kevin Koc
Says...
Kevin O'Flaherty was instrumental during the purchase process of my new house. I highly recommend him and the entire firm!
Stephen Petersen
Says...
An excellent client experience, I recommend O'Flaherty Law to all of my clients that have a need for consultation in family law.
Troy Golden
Says...
Kevin is an excellent attorney. He helped me incorporate by business and provides legal counsel as need. I highly recommend him.
llc lawyer tinley park il

Meet Our Owner

Kevin O'Flaherty oversees all legal matters and is actively involved in making sure every client's case, big or small, is handled with excellence and attention to detail. He is available to contact through phone and email and his rates are available upon request.

Click Here for Videos, Podcasts, and Articles by Our

Tinley Park Corporate Attorneys

Tinley Park Incorporation Attorneys | Tinley Park Corporate Attorneys | LLC Attorneys, Tinley Park IL

Or Continue Scrolling Below to Browse some of our Most Helpful Articles

Situations You Need A Business Attorney For

Tinley Park Corporate Attorneys

In this Learn About Law podcast & videoblog, attorney Kevin O'Flaherty of O'Flaherty Law discusses the 11 situations in which you should consult your business attorney, including: (1) Incorporation; (2) Annual Reports; (3) Employees; (4) Contracts; (5) Investor Agreements; (6) Trademark and Copyright Applications; (7) Dispute Resolution, Litigation & Collection; (8) Solutions for Distressed Businesses; (9) Exit Strategies; (10) Estate Planning; (11) Business Consulting

Tinley Park Corporate Attorneys

As a new business owner, there are many areas of your company that need attention to protect your business and your personal assets.  Here is a partial list of situations that often require consultation with your business attorney:​

(1) Incorporation –  Once you create your business, the first step to complete is to incorporate your company. You can choose to incorporate as a Limited Liability Company (LLC) or a corporation.  Your attorney will advise you on the most beneficial corporate entity for your business.  They will prepare your documents and register your business with all required governmental entities.

(2) Annual Maintenance – One of the most common mistake made by business owners is incorporating their business without a corporate attorney.  This often leads to the failure to maintain a corporate status which, if your company is audited or sued, your corporate status won't protect you or your assets and you may have to repay self-employment tax breaks you've received.  Our business attorneys prepare annual meeting minutes, file annual reports and ensure that your incorporation status remains active.

(3) Employees & Independent Contractors – You should meet with your business attorney who will assist you in understanding the advantages and disadvantages of structuring an agreement as an independent contractor.  They will help create an employee handbook, the disciplinary process, create and prepare independent contractor and employee agreement.  If you terminate an employee, you need to consult your attorney to ensure that you will not be liable for a wrongful discharge claim or unemployment insurance premium hikes.  Your attorney will also help you register as an employer with governmental entities to ensure your business remains in good status with worker’s compensation law.

  1. Before you open your bank account and start doing business
  2. To help you properly maintain the corporate formalities for your entity
  3. Before you hire your first employee
  4. When you need a contract for doing business with a third party
  5. If you're looking to bring in additional investors
  6. Filing a trademark or copyright application
  7. If you have a dispute with an employee, customer, or vendor
  8. If your business is in distress
  9. When you need an exit strategy
  10. Protecting your assets
  11. Business coaching and consulting

Learn more about how our Tinley ParkIncorporation, LLC and corporate law attorneys assist you in these different situations. We will be your advocates when you need your business yto be successful.

Read the full article by our Tinley Park business attorneys.

Why Should You Incorporate Your Business?

In this Learn About Law podcast & videoblog, attorney Kevin O'Flaherty of O'Flaherty Law discusses why it makes sense to hire an attorney to set up your corporation or LLC. (1)Ensure that you are selecting the most advantageous and proper corporate entity. (2) Ensure that corporate formalities are maintained. (3) Ensure that you are registered with the required government agencies. (4) Advise you on tax issues and file necessary paperwork. (5) Build a relationship for your future business needs.

Tinley Park LLC Attorneys

There are two primary benefits to incorporating your business, either as a corporation or LLC;

(1) Liability Protection:   A major source of liability business owners face comes from people you make contracts with.   Employees, landlords, independent contractors, money lenders and disputes with customers are the source of many of the liabilities companies face.  Incorporation protects your business when you're faced with a lawsuit by only allowing litigation against assets owned by your company.  All of your personal assets will be protected against any litigation whether you're incorporated as a corporation or LLC.

(2) Saving on Self-Employment Tax:  If you're business isn't incorporated, in addition to income tax, you will be required to pay self-employment taxes on all money taken out of your business.  If you file an S-Corp election, either as an LLC or corporation, you only are required to pay a self-employment tax on your salary, not on profits distributed as a shareholder. We recommend consultation with an accountant to determine the smallest amount of salary that will be reasonable, and the  rest taken as a self- employment tax and profit free.  Even if you're not concerned about liability protection, your accountant will educate you when incorporation makes sense  from a financial stand point.

Our Tinley Park incorporation attorneys, in this article outline why you should consult a business attorney to:

  1. Ensure you are selecting the most advantageous and proper corporate entity
  2. Ensure corporate formalities are maintained
  3. Ensure you are registered with the required government agencies
  4. Advise you on tax issues and file necessary paperwork
  5. Build a relationship for your future business needs

Read the full article on why you should work with our Tinley Park Incorporation attorneys.

Corporations vs. LLCs

Tinley Park Incorporation Lawyers

Further Reading From Our 

Tinley Park Corporate Attorneys