Making withdrawals from your closely held corporation that aren’t taxed as dividends Do you want to withdraw cash from your closely held corporation at a minimum tax cost? The simplest way is to distribute cash as a dividend. However, a dividend distribution isn’t...
Innovative Strategies For Winning Tax Controversies, Business Structuring And Estate Planning
C corporation
Avoiding Taxable Dividends when Withdrawing Money from a Corporation
5 WAYS TO WITHDRAW CASH FROM YOUR CORPORATION WHILE AVOIDING DIVIDEND TREATMENT Do you want to withdraw cash from your closely held corporation at a low tax cost? The easiest way is to distribute cash as a dividend. However, a dividend distribution isn’t...
LLC vs. C Corporation vx. S Corporation under the new Tax Cuts
CHOOSING THE BEST BUSINESS ENTITY STRUCTURE POST-TCJA 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...
