{"id":1091,"date":"2020-07-08T16:03:53","date_gmt":"2020-07-08T16:03:53","guid":{"rendered":"https:\/\/wcginc.com\/?p=1091"},"modified":"2026-01-26T16:36:44","modified_gmt":"2026-01-26T16:36:44","slug":"c-corps-remain-bad-idea-business-owners","status":"publish","type":"post","link":"https:\/\/wcginc.com\/blog\/c-corps-remain-bad-idea-business-owners\/","title":{"rendered":"C Corp vs S Corp"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-68b5772629dab\" class=\" wd-rs-68b5772629dab wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><\/p>\n<div class=\"overview\">\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><b>S Corp vs C Corp:<\/b><span style=\"font-weight: 400\"> Switching from S Corp to C Corp mainly for the 21% corporate tax rate is generally a bad idea due to double taxation and accumulated earnings tax.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Effective tax rates:<\/b><span style=\"font-weight: 400\"> S Corp owners often pay lower effective taxes than C Corp shareholders after considering payroll, income, and dividend taxes.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Section 199A deduction:<\/b><span style=\"font-weight: 400\"> S Corps benefit from the 20% deduction, which C Corps do not receive, increasing the S Corp\u2019s tax efficiency.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Accumulated Earnings Tax (AET):<\/b><span style=\"font-weight: 400\"> C Corps retaining earnings can trigger a 20% tax if funds are not justified for business purposes.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Spending vs saving:<\/b><span style=\"font-weight: 400\"> Keeping profits in a C Corp to avoid taxes ties up money that could be used personally or for wealth building.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Entity selection guidance:<\/b><span style=\"font-weight: 400\"> LLCs are simple and tax-efficient; corporations (C or S) may be needed for investors, professional licensing, or other specific reasons.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>C Corp benefits:<\/b><span style=\"font-weight: 400\"> Keeping income off your 1040, facilitating venture capital or employee ownership, and state-specific advantages (like California SDI opt-out).<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Professional considerations:<\/b> Professionals in some states may be required to form a Professional Corporation (PC) or PLLC, often taxed as S Corps for efficiency.<\/li>\n<\/ul>\n<\/div>\n<p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6732b821363bf\" class=\" wd-rs-6732b821363bf wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>The hot question since the passage of the Tax Cuts &amp; Jobs Act of 2017 and Section 199A is, \u201cShould I revoke S Corp status and go to C Corp?\u201d The answer is No. What is interesting is that\u00a0<a href=\"https:\/\/www.wharton.upenn.edu\/\" target=\"_blank\" rel=\"noopener\">Wharton School at University of Pennsylvania<\/a>\u00a0in a June article estimated that approximately 235,000 business owners will convert from a pass-thru entity to a C corporation in 2018. Yuck! The C Corp vs S Corp conundrum if viewed purely from an income tax perspective is not a conundrum at all; it is quite simple.<\/p>\n<p>The primary motivation is the seemingly attractive 21% tax rate for C corporations and while this might be lower than some taxpayer\u2019s marginal rate, this is a sucker hole for business owners for two painfully obvious reasons. First, your marginal rate might be 24% or 26%, but your effective tax rate (or blended tax rate) is much lower. We\u2019ll show you\u2026 not to worry.<\/p>\n<p>Second, there is a little thing called double taxation where the C corporation pays a tax and then the shareholders pay a dividend tax on the money that is distributed. And\u2026 if you think you\u2019re a smarty pants and say, \u201cYeah, but, I\u2019ll just keep all my money in the C corporation for a rainy day and lower tax rates,\u201d there is another little thing called accumulated earnings tax (AET).<\/p>\n<p>Let\u2019s illustrate this with some good old fashioned devils buried deep into the details. Assumptions include-<\/p>\n<ul>\n<li class=\"Text\"><a href=\"https:\/\/wcginc.com\/wp-content\/documents\/Section199A.pdf\" target=\"_blank\" rel=\"noopener\">Section 199A deduction<\/a>\u00a0for the S corporation\u2019s shareholder<\/li>\n<li class=\"Text\">$24,000 in standard deduction (yeah, 2018 numbers, but whatever)<\/li>\n<li class=\"Text\">3.8% surtax on top of the 15% capital gains tax rate for the $300,000 column<\/li>\n<\/ul>\n<p>Buckle up buttercup \u2019cause here we go-<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[vc_raw_html css=&#8221;&#8221;]%3Ctable%3E%0A%3Ctbody%3E%0A%3Ctr%3E%0A%3Ctd%20style%3D%22text-align%3A%20left%3B%20width%3A%2040%25%3B%22%20width%3D%22106%22%3ES%20Corp%20Income%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%20width%3D%2264%22%3E%3Cspan%20style%3D%22color%3A%20%230000ff%3B%22%3E%3Cstrong%3E100%2C000%3C%2Fstrong%3E%3C%2Fspan%3E%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%20width%3D%2264%22%3E%3Cspan%20style%3D%22color%3A%20%230000ff%3B%22%3E%3Cstrong%3E200%2C000%3C%2Fstrong%3E%3C%2Fspan%3E%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%20width%3D%2264%22%3E%3Cspan%20style%3D%22color%3A%20%230000ff%3B%22%3E%3Cstrong%3E300%2C000%3C%2Fstrong%3E%3C%2Fspan%3E%3C%2Ftd%3E%0A%3C%2Ftr%3E%0A%3Ctr%3E%0A%3Ctd%20style%3D%22text-align%3A%20left%3B%20width%3A%2040%25%3B%22%3ESalary%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E40%2C000%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E80%2C000%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E120%2C000%3C%2Ftd%3E%0A%3C%2Ftr%3E%0A%3Ctr%3E%0A%3Ctd%20style%3D%22text-align%3A%20left%3B%20width%3A%2040%25%3B%22%3EPayroll%20Tax%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E6%2C120%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E12%2C240%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E18%2C360%3C%2Ftd%3E%0A%3C%2Ftr%3E%0A%3Ctr%3E%0A%3Ctd%20style%3D%22text-align%3A%20left%3B%20width%3A%2040%25%3B%22%3EIncome%20Tax%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E6%2C980%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E24%2C150%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E44%2C266%3C%2Ftd%3E%0A%3C%2Ftr%3E%0A%3Ctr%3E%0A%3Ctd%20style%3D%22text-align%3A%20left%3B%20width%3A%2040%25%3B%22%3ETotal%20Tax%20S%20Corp%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E13%2C100%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E36%2C390%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E62%2C626%3C%2Ftd%3E%0A%3C%2Ftr%3E%0A%3Ctr%3E%0A%3Ctd%20style%3D%22text-align%3A%20left%3B%20width%3A%2040%25%3B%22%3E%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E%3C%2Ftd%3E%0A%3C%2Ftr%3E%0A%3Ctr%3E%0A%3Ctd%20style%3D%22text-align%3A%20left%3B%20width%3A%2040%25%3B%22%3EC%20Corp%20Income%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E%3Cspan%20style%3D%22color%3A%20%230000ff%3B%22%3E%3Cstrong%3E100%2C000%3C%2Fstrong%3E%3C%2Fspan%3E%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E%3Cspan%20style%3D%22color%3A%20%230000ff%3B%22%3E%3Cstrong%3E200%2C000%3C%2Fstrong%3E%3C%2Fspan%3E%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E%3Cspan%20style%3D%22color%3A%20%230000ff%3B%22%3E%3Cstrong%3E300%2C000%3C%2Fstrong%3E%3C%2Fspan%3E%3C%2Ftd%3E%0A%3C%2Ftr%3E%0A%3Ctr%3E%0A%3Ctd%20style%3D%22text-align%3A%20left%3B%20width%3A%2040%25%3B%22%3EC%20Corp%20Tax%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E21%2C000%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E42%2C000%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E63%2C000%3C%2Ftd%3E%0A%3C%2Ftr%3E%0A%3Ctr%3E%0A%3Ctd%20style%3D%22text-align%3A%20left%3B%20width%3A%2040%25%3B%22%3EDividends%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E79%2C000%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E158%2C000%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E237%2C000%3C%2Ftd%3E%0A%3C%2Ftr%3E%0A%3Ctr%3E%0A%3Ctd%20style%3D%22text-align%3A%20left%3B%20width%3A%2040%25%3B%22%3EDividend%20Tax%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E0%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E23%2C700%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E44%2C556%3C%2Ftd%3E%0A%3C%2Ftr%3E%0A%3Ctr%3E%0A%3Ctd%20style%3D%22text-align%3A%20left%3B%20width%3A%2040%25%3B%22%3ETotal%20C%20Corp%20Tax%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E21%2C000%3C%2Ftd%3E%0A%3Ctd%20style%3D%22text-align%3A%20center%3B%20width%3A%2020%25%3B%22%3E65%2C700%3C%2Ftd%3E%0A%3Ctd%20style%3D%22te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class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6732b82b06956\" class=\" wd-rs-6732b82b06956 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>As you can see, a<strong>\u00a0C Corp does not make sense after you add in capital gains tax on the dividends<\/strong>\u00a0and the C Corp vs S Corp argument is put to rest. This in turn makes sense- the lawmakers didn\u2019t set out to kill S corporations. They set out to give every business owner a tax break. Geez\u2026 half of Congress (535 doesn\u2019t divide evenly, we get it) probably run S corporations on the side for their consulting and speaking gigs.<\/p>\n<p>Also note the effective tax rate (or labeled as tax \u201cpain\u201d) for the S corporation owner. At $100,000 in net business income, the total tax pain including payroll taxes is 13.1%, and at $200,000 it is only 18.2%. This is still well below the C corporation tax rate of 21%.<\/p>\n<p>And! There\u2019s more! C corporations do not enjoy the 20% Section 199A deduction either. Pile that onto the numbers above for even more reasons.<\/p>\n<p>So, please pump the brakes on the \u201cI wanna dump my S Corp for the magical tax arbitrage offered by a C Corp\u201d nonsense. Wow, that was harsh. We did tell you to buckle up but then we offended you by calling you buttercup. Safety with an insult.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[vc_row_inner el_class=&#8221;boxes&#8211;pack&#8221; woodmart_css_id=&#8221;672f64599e51f&#8221; responsive_spacing=&#8221;eyJwYXJhbV90eXBlIjoid29vZG1hcnRfcmVzcG9uc2l2ZV9zcGFjaW5nIiwic2VsZWN0b3JfaWQiOiI2NzJmNjQ1OTllNTFmIiwic2hvcnRjb2RlIjoidmNfcm93X2lubmVyIiwiZGF0YSI6eyJ0YWJsZXQiOnt9LCJtb2JpbGUiOnt9fX0=&#8221; mobile_bg_img_hidden=&#8221;no&#8221; tablet_bg_img_hidden=&#8221;no&#8221; woodmart_parallax=&#8221;0&#8243; woodmart_gradient_switch=&#8221;no&#8221; woodmart_box_shadow=&#8221;no&#8221; wd_z_index=&#8221;no&#8221; woodmart_disable_overflow=&#8221;0&#8243; row_reverse_mobile=&#8221;0&#8243; row_reverse_tablet=&#8221;0&#8243;][vc_column_inner width=&#8221;1\/3&#8243;]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6899db65c393e\" class=\" wd-rs-6899db65c393e wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-icon-wrapper  box-with-icon box-icon-simple\">\n\t\t\t\t\t\t\t<div class=\"info-box-icon\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"622\" height=\"622\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/S-Corp-vs-C-Corp-2.jpg\" class=\"attachment-full size-full\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h4 class=\"info-box-title title box-title-style-default wd-fontsize-m\">S Corp vs C Corp<\/h4>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Click here Learn why about the important differences of S and C Corps for business owners!<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<a class=\"wd-info-box-link wd-fill\" aria-label=\"Infobox link\" href=\"\/business-formation-services\/s-corporation-vs-c-corporation\/\" title=\"\"><\/a>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6899db7734e43\" class=\" wd-rs-6899db7734e43 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-icon-wrapper  box-with-icon box-icon-simple\">\n\t\t\t\t\t\t\t<div class=\"info-box-icon\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"622\" height=\"622\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/s-corp-election-3.jpg\" class=\"attachment-full size-full\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h4 class=\"info-box-title title box-title-style-default wd-fontsize-m\">S Corp Election<\/h4>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Understand differences between sole proprietorships, SMLLCs, and S Corporations for taxation.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<a class=\"wd-info-box-link wd-fill\" aria-label=\"Infobox link\" href=\"\/business-formation-services\/s-corp-election\/\" title=\"\"><\/a>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6899db90aef17\" class=\" wd-rs-6899db90aef17 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-icon-wrapper  box-with-icon box-icon-simple\">\n\t\t\t\t\t\t\t<div class=\"info-box-icon\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"622\" height=\"622\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/tax-questionnaire-2.jpg\" class=\"attachment-full size-full\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h4 class=\"info-box-title title box-title-style-default wd-fontsize-m\">S Corp Questionnaire<\/h4>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Check out our S Corp questionnaire if you need help figuring them out for your business!<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<a class=\"wd-info-box-link wd-fill\" aria-label=\"Infobox link\" href=\"https:\/\/wcginc.formstack.com\/forms\/scorp\" title=\"contact-us\"><\/a>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[\/vc_column_inner][\/vc_row_inner]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6732b836af42b\" class=\" wd-rs-6732b836af42b wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"C_Corp_Accumulated_Earnings_Tax\"><\/span>C Corp Accumulated Earnings Tax<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>If you think you are clever and attempt to accumulate your C corporation\u2019s earnings and not pay out dividends, you could trigger the accumulate earnings tax (AET). This tax is specifically aimed to prevent tax avoidance by not paying out dividends.<\/p>\n<p>Businesses can accumulate earnings, no biggie, just ask\u00a0<a href=\"https:\/\/investor.apple.com\/investor-relations\/\" target=\"_blank\" rel=\"noopener\">Apple<\/a><strong>.<\/strong>\u00a0But Apple has to justify why it is holding back so much of its earnings\u2026 and they do that by saying, \u201cWell, we need it for this and we\u2019re accustomed to that, and we have this thing coming up, baby needs new shoes, and blah blah blah.\u201d Here is a list the IRS utilizes in addition to shoes-<\/p>\n<ol>\n<li>Providing for bona fide business expansion or plant replacement.<\/li>\n<li>Acquiring a business enterprise through purchasing stock or assets.<\/li>\n<li>Facilitating the retirement of company debt created in connection with its trade or business.<\/li>\n<li>Providing necessary working capital for the business.<\/li>\n<li>Providing for investments in or loans to customers or suppliers if necessary to maintain the business of the corporation.<\/li>\n<li>Providing for contingencies such as the payment of reasonably anticipated product liability losses, actual or potential lawsuit, loss of a major customer, or self-insurance.<\/li>\n<\/ol>\n<p>But if you don\u2019t have a good argument, then IRS could whack you with the AET. Here is a quick list of activities that do not bode well for accumulating earnings in your C corporation-<\/p>\n<ol>\n<li>Loans to shareholders or related parties.<\/li>\n<li>Payments by the corporation that personally benefit the shareholders.<\/li>\n<li>Investments in assets having no reasonable relationship to the corporation\u2019s business.<\/li>\n<li>A weak dividend history.<\/li>\n<li>Retention of earnings to provide against unrealistic hazards.<\/li>\n<li>Working capital levels that appear high in relation to need.<\/li>\n<li>Salaries paid to shareholder\/employees that are either extremely high (avoiding corporate tax) or extremely low (avoiding shareholder tax).<\/li>\n<\/ol>\n<p>We bet that before you read this list, you already had some of these ideas incubating in your brain. Again, you\u2019re not the first wizard to run a business. The funny thing about this list is that there was a wizard or two, way back when, who did this\u2026 and got caught\u2026 and ruined it for all of us. Remember that pigs get fed, hogs get slaughtered.<\/p>\n<p>The accumulated earnings tax is 20%, which shockingly matches the highest dividend tax rate for individuals.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6732b8487cf79\" class=\" wd-rs-6732b8487cf79 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Spending_Your_Money\"><\/span>Spending Your Money<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Who wants to keep all their money in their business? Don\u2019t you want to spend your money? If you say to yourself that you\u2019ll keep your taxes lower by not paying out dividends and you also say to yourself that you can avoid the accumulated earnings tax because you have a good excuse for your piles of money, you are now tying up your money and you can\u2019t spend it.<\/p>\n<p>So if you listen to some people talk about keeping money in the C corporation to enjoy the 21% corporate tax rate\u2026 and paying out dividends at a later date when you might have a lower capital gains and dividends tax rate, your money is not your money. In other words, why the heck do you want to work your butt off and not be able to enjoy the fruits of your labor?<\/p>\n<p>Lastly, your objective in life is to build wealth\u2026 and if you can save some taxes along the way, then great. But don\u2019t stunt your wealth building for the sake of saving some taxes. By needing to leverage your money into wealth building and to save overall taxes, the C corporation is a bad idea.<\/p>\n<p>We leave room for the person who does not need the money and if they do, they are okay with a higher tax rate. But if we look at practically\u2026 and in the eyes of most business owners the C Corp vs S Corp discussion is moot.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6732b853e98c7\" class=\" wd-rs-6732b853e98c7 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"C_Corp_vs_S_Corp_Intangibles\"><\/span>C Corp vs S Corp Intangibles<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>At WCG, we tend to keep things simple. Yes, we\u2019ll complicate the heck out of stuff if it makes sense to do so and if it will meet certain objectives. As such, in the interest of simplicity, here we go-<\/p>\n<ol>\n<li>LLC is your first choice. Simple. Easy. Tax efficient.<\/li>\n<li>Corporation is your next choice. Unpopular and tax inefficient, but there might be reasons why you need one (keep income off 1040, California, venture capitalist).<\/li>\n<li>Professional LLC (PLLC) or Professional Corporation (PC) if you are an accountant, attorney, medical doctor or engineer.<\/li>\n<\/ol>\n<p>See! Simple. Let\u2019s look at a fun table of intangibles, shall we?<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[vc_raw_html css=&#8221;&#8221;]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[\/vc_raw_html]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6732b85f4690e\" class=\" wd-rs-6732b85f4690e wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Some notables-<\/p>\n<p>Under S corporation, the \u201cdepends\u201d is double-talk that we accountants love to use for everything. However, in this case it is quite simple. Since an S corporation is only a tax election, nothing changes from an internal governance and ownership perspective. If you have an LLC taxed as an S Corp, then you will have an\u00a0<a href=\"https:\/\/wcginc.com\/kb\/operating-agreements\/\" target=\"_blank\" rel=\"noopener\">Operating Agreement<\/a>\u00a0and you will own an interest. If you have a corporation taxed as an S Corp, then you will have Bylaws (and perhaps a Shareholder Agreement) and you will own shares. However, in accounting parlance, we will commonly refer to owners of an LLC taxed as an S corporation as shareholders from a tax return perspective but they are truly members.<\/p>\n<p>The 15.3% under LLC represents self-employment taxes which are the same as Social Security and Medicare taxes.<\/p>\n<p><a href=\"https:\/\/wcginc.com\/blog\/c-corps-remain-bad-idea-business-owners\/\">C corporations remain tax inefficient<\/a>\u00a0and S corporations remain a good tool for overall tax efficiency. This table does not necessarily shoot down C Corps in the C Corp vs S Corp UFC match-up, but sheds some light on the overall conversation.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6732ba9c45c70\" class=\" wd-rs-6732ba9c45c70 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title wd-font-weight-800 box-title-style-default font-primary wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"C_Corporation_Benefits\"><\/span>C Corporation Benefits<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>As business entity types go, C corporations are not all bad. It is easy for S Corps to throw rocks at C Corps given everything we\u2019ve said so far. Here are some benefits in the C Corp vs S Corp cocktail party fodder-<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Keep_Income_Off_1040\"><\/span><strong>Keep Income Off 1040<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>One of the benefits is you keep income off your individual tax return (Form 1040). For example, if you had an LLC whose business transactions were typically reported on Schedule C of Form 1040, if you converted this LLC to a corporation, the income is contained in the corporate tax return (Form 1120). If you pay a salary or pay out dividends, that changes things. Why would you want to keep income off your individual tax return? Perhaps you have Social Security or disability benefits that might disappear or become taxable. Perhaps you are running away from some bad guys who are collecting on a debt. Perhaps you use the C Corp to pay for your mistress of her expensive tastes. All kinds of reasons!<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Venture_Capital\"><\/span><strong>Venture Capital<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-26091\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/C-Corp-vs-S-Corp-1.jpg\" alt=\"\" width=\"300\" height=\"200\" \/>As mentioned elsewhere, the golden rule is: the person with the gold makes the rules. So, if you are looking for an investor to kickstart your heart like Nikki Sixx, and the only way it happens is if you create a C corporation, then that is what you do. All kidding aside, venture capitalists, angel investors, and all the other silly things people call themselves, like corporations as opposed to LLCs.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Employee_Ownership\"><\/span><strong>Employee Ownership<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Having your employees own member interest in an LLC can be tricky since each one would get a K-1 regardless if their interest was economic only (profits) or equity (ownership). You could get around this by having your employees own the right to a portion of the business which triggers into equity upon a certain event such as transfer of ownership or control. In other words, Employee A has the right to 2% ownership upon sale, partial or wholesale. This works! But\u2026 it can also be messy and hard to explain. WCG converted to a C corporation for this reason; we are selling bits and pieces of our business to partners and employees, and shares in a corporation makes more sense. Each partner is paid a fee for service directly from the corporation.<\/p>\n<p>This is akin to a barrel of oil\u2026 you can either own the right to the barrel of oil, or the barrel of oil itself.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"California_and_others\"><\/span>California (and others)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>If you are a professional such as attorney, accountant, medical doctor or engineer, you typically have to register as a professional entity, either a Professional LLC (PLLC) or a Professional Corporation (PC). However, some states, such as California, does not recognize PLLC and as such you must create a corporate that is deemed to be a PC. And in those cases, we typically recommend an immediate S corporation election to have your PC taxed as an S Corp (see crummy C Corp tax rates above).<\/p>\n<p>Colorado and Texas, among several other states, allow for a PLLC or a PC\u2026 up to you. WCG is a PC.<\/p>\n<p>Who wants to pick on California some more? We do.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"State_Disability_Insurance\"><\/span>State Disability Insurance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>California allows corporate officers to opt-out of State Disability Insurance (SDI). SDI is California\u2019s version of FMLA, and some business owners want to go on leave for new babies, etc. However, if your baby-making days are clearly in the rearview mirror, then perhaps you want to opt-out of SDI. This is easily done, but only for corporate officers\u2026 and No, members of an LLC are not considered corporate officers since LLCs are companies not corporations. All in all, WCG creates far more corporations in California for this reason and for the PC designation reason.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Attorney_Stuff\"><\/span>Attorney Stuff<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>If your estate plan attorney or another attorney recommends a corporation, ask the hard questions so you understand why. There might be good reasons to do so\u2026 and we leave room for attorneys to be right some of the time.<\/p>\n<p>In summary, like a nauseating college paper that you know for darn well your professor will only skim in between martini sips, unless you fit the buckets above, then you should be an LLC, or an entity taxed as an S corporation.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t<style><\/style>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[vc_row_inner el_class=&#8221;boxes&#8211;pack&#8221; woodmart_css_id=&#8221;672f64599e51f&#8221; responsive_spacing=&#8221;eyJwYXJhbV90eXBlIjoid29vZG1hcnRfcmVzcG9uc2l2ZV9zcGFjaW5nIiwic2VsZWN0b3JfaWQiOiI2NzJmNjQ1OTllNTFmIiwic2hvcnRjb2RlIjoidmNfcm93X2lubmVyIiwiZGF0YSI6eyJ0YWJsZXQiOnt9LCJtb2JpbGUiOnt9fX0=&#8221; mobile_bg_img_hidden=&#8221;no&#8221; tablet_bg_img_hidden=&#8221;no&#8221; woodmart_parallax=&#8221;0&#8243; woodmart_gradient_switch=&#8221;no&#8221; woodmart_box_shadow=&#8221;no&#8221; wd_z_index=&#8221;no&#8221; woodmart_disable_overflow=&#8221;0&#8243; row_reverse_mobile=&#8221;0&#8243; row_reverse_tablet=&#8221;0&#8243;][vc_column_inner width=&#8221;1\/3&#8243;]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6899dba01e276\" class=\" wd-rs-6899dba01e276 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-icon-wrapper  box-with-icon box-icon-simple\">\n\t\t\t\t\t\t\t<div class=\"info-box-icon\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"622\" height=\"622\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/Text-WCG-Offices-3.jpg\" class=\"attachment-full size-full\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h4 class=\"info-box-title title box-title-style-default wd-fontsize-m\">Text WCG Offices<\/h4>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Check out our S Corp questionnaire if you need help figuring them out for your business!<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<a class=\"wd-info-box-link wd-fill\" aria-label=\"Infobox link\" href=\"sms:+17193452100?&amp;body=Hey%20WCG!%20Please%20call%20me%20to%20discuss%20your%20CPA%20services\" title=\"\"><\/a>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6899dc299950b\" class=\" wd-rs-6899dc299950b wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-icon-wrapper  box-with-icon box-icon-simple\">\n\t\t\t\t\t\t\t<div class=\"info-box-icon\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"622\" height=\"622\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/Chat-Our-Amazing-Team-3.jpg\" class=\"attachment-full size-full\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h4 class=\"info-box-title title box-title-style-default wd-fontsize-m\">Call Our Amazing Team<\/h4>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>If you need to speak to someone, we\u2019re good listeners!\u00a0 Give us a call and we\u2019ll help you out!<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<a class=\"wd-info-box-link wd-fill\" aria-label=\"Infobox link\" href=\"tel:1-719-387-9800\" title=\"\"><\/a>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-6899dc3dcf13a\" class=\" wd-rs-6899dc3dcf13a wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none \">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"box-icon-wrapper  box-with-icon box-icon-simple\">\n\t\t\t\t\t\t\t<div class=\"info-box-icon\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"622\" height=\"622\" src=\"https:\/\/wcginc.com\/wp-content\/uploads\/Chat-With-a-Tax-Pro-3.jpg\" class=\"attachment-full size-full\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h4 class=\"info-box-title title box-title-style-default wd-fontsize-m\">Chat With A Tax Pro<\/h4>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><p>Taxes are complicated.\u00a0 We make them simple.\u00a0 Get in touch with a pro here at WCG!<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<a class=\"wd-info-box-link wd-fill\" aria-label=\"Infobox link\" href=\"https:\/\/wcginc.com\/contact-us\/\" title=\"contact-us\"><\/a>\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[\/vc_column_inner][\/vc_row_inner]\t\t\t<div class=\"info-box-wrapper\">\n\t\t\t\t<div id=\"wd-68b5777f89760\" class=\" wd-rs-68b5777f89760 wd-info-box wd-wpb text-left box-icon-align-top box-style- color-scheme- wd-bg-none border-btm-title faqs-wrap \">\n\t\t\t\t\t\t\t\t\t\t<div class=\"info-box-content\">\n\t\t\t\t\t\t<h2 class=\"info-box-title title box-title-style-default wd-fontsize-m\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span>Frequently Asked Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t\t\t<div class=\"info-box-inner reset-last-child\"><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_switch_from_an_S_Corp_to_a_C_Corp_for_lower_taxes\"><\/span>Should I switch from an S Corp to a C Corp for lower taxes?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>No, the double taxation and accumulated earnings tax usually make C Corps less tax-efficient.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_double_taxation\"><\/span>What is double taxation?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>C Corps pay corporate tax on profits, and shareholders pay taxes again on dividends.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_the_Section_199A_deduction_help_S_Corps\"><\/span>How does the Section 199A deduction help S Corps?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It allows up to a 20% deduction on qualified business income, reducing overall taxable income.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_triggers_the_accumulated_earnings_tax_AET_in_a_C_Corp\"><\/span>What triggers the accumulated earnings tax (AET) in a C Corp?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Retaining profits without a valid business purpose, making excessive shareholder loans, or holding unrealistic working capital.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_keep_money_in_a_C_Corp_to_avoid_paying_taxes_personally\"><\/span>Can I keep money in a C Corp to avoid paying taxes personally?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, but it can trigger AET and limits your ability to use the money personally.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_might_a_C_Corp_make_sense\"><\/span>When might a C Corp make sense?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>For venture capital funding, employee ownership plans, or to keep income off your personal tax return.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_best_entity_type_for_most_small_business_owners\"><\/span>What is the best entity type for most small business owners?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>LLCs or entities taxed as S Corps are generally simpler, flexible, and tax-efficient.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_there_state-specific_considerations\"><\/span>Are there state-specific considerations?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, some states like California require professional entities (PC) or offer options like SDI opt-out for corporate officers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_S_Corps_differ_in_governance\"><\/span>How do S Corps differ in governance?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>S Corp status is a tax election; governance depends on whether your entity is an LLC or a corporation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_professional_advice_affect_entity_choice\"><\/span>Can professional advice affect entity choice?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, attorneys or advisors may recommend forming a corporation for legal or operational reasons, even if taxes favor an S Corp.<\/p>\n<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t[\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_raw_html 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