Search results

  1. D

    S corp to C corp change - Anything I should know?

    @dallastexan No originally an S Corp.
  2. D

    S corp to C corp change - Anything I should know?

    @matthewck I agree but I'm not sure where to start. A big firm or an independent CPA?
  3. D

    S corp to C corp change - Anything I should know?

    @matthewck I think I need a new CPA. Mine is slow to reply and every time I ask him a question I feel like I am bothering him. Also he doesn't proactively look for tax savings or offer any guidance. He only does what I tell him to do but doesn't really give much advice.
  4. D

    S corp to C corp change - Anything I should know?

    @godisalwaysgood How much do they cost?
  5. D

    S corp to C corp change - Anything I should know?

    @godisalwaysgood I have a CPA who does my business and personal taxes. But they don't proactively look for potential tax savings or even bother to evaluate tax compliance. Maybe I need a new one.
  6. D

    S corp to C corp change - Anything I should know?

    @godisalwaysgood Thanks, this information is helpful. I am the only shareholder. I calculated that the taxes I would owe with a C corp are almost exactly the same as I pay now with the S Corp, but without the headache of dealing with payroll (which is 20x more complicated because I am an...
  7. D

    S corp to C corp change - Anything I should know?

    Next year my S corp will be revoking its S corp election and will become a C corp. I have never run a C corp before. Are there any big differences I should be aware of other than the 21% corporate income tax rate?
Back
Top