C-Corporation Challenges
You may have good reason to be a C-Corporation: many shareholders, you participate in an employee stock option plan or perhaps you have different classes of stock. However if you don’t have a good reason (maybe you incorporated many years ago before S Corps and LLCs became popular), then you may want to think about changing.
This is a bonus module that explains the double taxation of a C Corp, stock vs. asset sales and the current five year mandated time period to change.ntal Materials
Document | Document Type | |
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Built-In-Gains (B.I.G.) tax information | Download |