Tax planning

This difference is evident in both the business and its owners that both the tax liabilities are faced by and the amount of after tax cash left in the owners' hands upon exiting the business. For example, a rapid decision to operate as a C corporation can make the owners to face double taxation of ongoing earnings and an exit tax approaching half the proceeds of the sale. In contrast, double taxation would not incur for the same business that works as a pass through entity. We work jointly with entrepreneurs and existing businesses in choosing among limited liability companies (LLCs), partnerships, S corporations and C corporations as the vehicle for the business.