3 ms·
A c corporation also gives you the ability to claim QSBS. Qualified small business stock. If u are a c corp (not s corp) and under 50 million in assets and some
by phodo 10y ago
A c corporation also gives you the ability to claim QSBS. Qualified small business stock. If u are a c corp (not s corp) and under 50 million in assets and some other conditions... all (used to be less but I believe it is now 100% permanently) issued stock can now be free of federal long term capital gains if u hold on to it for more than 5 years. I am not a lawyer but if you have goals to grow the business you should consider this as it can save u a lot of money in the future.