March 6, 2014

Cover Story

Featured Articles

(Don’t) Fill in the Blank

Samuel Alba

Aida Neimarlija

Sections

Legal feature
(Don’t) Fill in the Blank

Lawyer Spotlights
Samuel Alba

Lawyer Spotlights
Aida Neimarlija

Daily Email
Sim Gill

Legal Columns
Paper Trail

Legal Columns
The Inventor’s Dilemma

Legal Columns
First and Foremost

Legal Columns
Crossing the Line

Legal Columns
Not Business as Usual

Article

Not Business as Usual

New Considerations for Choosing Your Business Entity

By Tacy Hartman

March 6, 2014

There are two types of corporations for tax purposes: C corporations, which are subject to corporate income tax and whose stockholders also have to pay tax on dividends issued by the corporation, and S corporations, which file tax information returns, but whose profits and losses are passed through to their stockholders. Even though a C corporation’s profits are taxed twice—once at the corporate level and once at the stockholder level—they remain the main entity of choice for large, public companies. S corporations avoid the double taxation problem, but there are limits on the number and type of stockholders of S corporations.


Tacy Hartman is a partner at Van Cott, Bagley, Cornwall & McCarthy.

 
Page 12
Utah Business Social
UB Events View All
Fast 50 Utah Business Event
Aug 27, 2015
The top 50 companies will be selected based on a combination of revenue growth and revenue genera...
Job Summit - POSTPONED UNTIL FALL 2015 Utah Business Event
Sep 24, 2015
NOTE: The date listed below is not secured. We will update as the event gets closer. Thank you ...
Community Events View All
Critical People Management Skills for First-time Managers
Jul 30, 2015
Employers Council, a trusted non-profit employers association, is proud to present Critical Peopl...
Instant Motivation With Your Brain
Jul 30, 2015
Where Could You Use More Motivation? We often get really excited about something and start off ...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel