October 2018

StinarZendejasBurrellWilhelmi-ChoosingAnEntity

Choice of Entity

After recent tax changes, owners of small businesses face a question: Should the business continue to function as an S corporation, or should the entity revoke its election under Subchapter S of the Code? Despite a number of statutory constraints, conventional wisdom has generally favored an S corporation classification. An S corporation is a pass-through

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