S corporations

Tax Geek Tuesday: Reasonable Compensation In The S Corporation Arena

As tax advisors, we often find ourselves at odds with our S corporation shareholder-employee clients when it comes to setting compensation. Typically, the [...]

Now Is the Time: Converting a C Corporation to an S Corporation or LLC

EXECUTIVE SUMMARY Current historically low tax rates, scheduled to expire at the end of 2012, plus correspondingly low values for assets like real estate [...]

The Dark Side of Flow-through Entities – Taxable Income Without Cash

You really should be careful about who you partner up with. Jose Martignon took a 40% interest in a partnership with Alejandro Vargas to open a restaurant [...]