In their article “Now Is the Time: Converting a C Corporation to an S Corporation or LLC” (The Tax Adviser, Aug. 2012, page 534), authors Michael Lynch, David Casten, and David Beausejour present a ...

Tax reform is here to stay. Most of the recent talk has centered on pass-through entities like S corporations and partnerships. These tend to be the preferred entity structures for small companies.

You're the sole shareholder of an S corporation. You've operated as a flow-through business since formation in 2016, and you've been perfectly content to do so. What's not to like about a single-level ...

When you redeem your privately held C corporation stock, the proceeds are taxed as either capital gains or dividends. The Internal Revenue Service looks at your status with the corporation and if your ...