4 ms·
Some questions to pursue with your advisers: What are the tax issues upon dissolution/merger/conversion of entities from one to the other, for the owners and t
by redtexture 13y ago
Some questions to pursue with your advisers:
What are the tax issues upon dissolution/merger/conversion of entities from one to the other, for the owners and the entity itself?
Is there an impediment to rapidly converting a Subchapter-S corp into to C-corp - are there be any delays, fiscal year issues or alignments, or other IRS filing or election issues and impediments, again for the entity and for owners?
For foreign LLCs in terms of the "corporate veil" and limited liability, etc., set up in state Z, how does the foreign LLC get treated in other states of interest, states A, B, C, and D compared to the foreign corporation set up in state Z, operating in states A, B, C and D? Do those several states follow the IRS-election for taxation of local-state activity?
What advantages / disadvantages for the LLC to elect to file with the IRS the "filing as corporation" status, instead of the default sole proprietorship/partnership status, or --yes you can elect this too-- "Subchapter-S"?