Should you Convert your Business from C-Corp to S-Corp?

Maybe you are thinking about switching from C-Corp to S-Corp. You are right that S-Corporations can provide substantial tax benefits over C-Corporations in some circumstances, however, when converting from C- to S-, there are potentially costly tax issues that you should assess before making the decision to convert. What are they?
Come to learn from Ying at 3:00pm today.
FOLLOW US
------------------------------------------------
🔔 Subscribe and click the bell to get notified - tinyurl.com/ybeve989
📘 Facebook - communitycpa
ABOUT COMMUNITY CPA
------------------------------------------------
Community CPA is a firm specializing in growing small and mid-sized businesses. We are your next-level CPA firm and your trusted advisors who speak your language.
Contact us for accounting, advisory & legal, audit and attest, payroll, taxation.
Email: [e-mail]
LOCATIONS:
Community CPA - Des Moines
3816 Ingersoll Ave.
Des Moines, Iowa 50312
Call: [phone]
Community CPA - Coralville/Iowa City
2421 Coral Ct. Suite 1
Coralville, Iowa 52241
Call: [phone]
Community CPA - Minneapolis, MN
8722 Lyndale Ave. S,
Minneapolis, MN 55420
Call: [phone]
Disclaimer: CommunityCPA, as part of our services to our valued clients, is providing these seminars in order for businesses to cope with the current pandemic. We are not responsible for any damages the attendees or viewers may suffer as a result of following any of the advice or information provided. Although we are doing our best to stay informed, the current situation is very dynamic and the information could change at any time without any notice. Our information and advice is not legal in nature and should not be construed as such. Please consult your legal counsel if you should need any legal advice.