by Ryan Burke, CPA, MSF | Dec 10, 2022 | Blog, Business, Tax
If you’re launching a new business venture, you’re probably wondering which form of business is most suitable. Here is a summary of the major advantages and disadvantages of doing business as a C corporation. A C corporation allows the business to be treated...
by Megan Kosciolek, MST | Jun 20, 2022 | Tax
There’s a valuable tax deduction available to a C corporation when it receives dividends. The “dividends-received deduction” is designed to reduce or eliminate an extra level of tax on dividends received by a corporation. As a result, a corporation will typically be...
by Brian Hare, CPA, CGMA | Nov 11, 2021 | Business
Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will work best for you — a C corporation or a pass-through entity such as a sole-proprietorship, partnership, limited liability company...
by Brian Hare, CPA, CGMA | Oct 7, 2021 | Tax
Here are some of the key Q4 tax calendar related deadlines affecting businesses and other employers during the fourth quarter of 2021. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re...
by Brian Hare, CPA, CGMA | Aug 7, 2018 | Business, Tax
For tax years beginning in 2018 and beyond, the Tax Cuts and Jobs Act (TCJA) created a flat 21% federal income tax rate for C corporations. Under prior law, C corporations were taxed at rates as high as 35%. The TCJA also reduced individual income tax rates, which...
