Tax Planning Gain control

This difference is apparent in both the tax liabilities faced by the business and its owners and the amount of after tax cash left in the owners' hands upon exiting the business. For example, a hasty decision to operate as a C corporation can leave the owners facing double taxation of ongoing earnings and an exit tax approaching half the proceeds of the sale. In contrast, the same business, operated as a pass through entity, would be free from double taxation. We work closely with entrepreneurs and existing businesses in choosing among limited liability companies (LLCs), partnerships, S corporations and C corporations as the vehicle for the business.