With the permanent reduction in C Corp taxation, many S Corp and Partnership filers are pondering the age-old conversion question. On surface, the flat 21% C Corp tax rate seems to make it a no-brainer. But don’t jump so fast. As with all tax issues, even tax simplification ones…it’s complicated. Here’s a great analysis from the Tax Adviser breaking down the options.
Latest posts by WDCO Staff (see all)
- Preparing to Sell Your Business - March 27, 2023
- W-2 Employees or 1099-NEC Contractors? What are the Pitfalls if you Misclassify? - November 3, 2021
- Casualty Loss Summary - October 12, 2021
