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Personal services corporation C corp?

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  • amphora
    replied
    Yes, some very large services businesses may become C corps because of the new tax bill. Corporate profits will be taxed at 21 % but all distributions will still be taxed as capital gains. It may make sense for large businesses that will delay distributions for years to set up this way but it doesn't seem to make sense for a small business.

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  • OncDoc
    started a topic Personal services corporation C corp?

    Personal services corporation C corp?

    Anyone know if personal services corporation C corp is permitted at the 21% bracket, regardless of income?
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