From C Corporation to Partnership: Key Tax Considerations for Changing Business Structure

A client’s business structure influences tax burdens, income streams, liability exposure, and more. Market changes and industry trends influence client needs sometimes significantly enough to prompt clients to restructure their business. Conversion are costly, but converting during an economic downturn, when gains and earnings are depressed, may offset client expenses. During this 90-minute video presentation our nationally recognized panel examines when C corporations should consider a conversion, the unique legal and tax considerations that need to be accounted for in the transaction to maximize client outcomes. Any change to a business tax status can have unintended consequences, both positive and negative. After attending this webcast you’ll be positioned to help clients make informed decisions about their entity structure and execute conversions with confidence. During this high-level presentation our faculty will cover: - The pros and cons of C corporations and when passthrough vehicles should be considered - Why it’s so difficult to get out of a corporate structure - What options are available for C corporations: spins, freezes, S corporation and REIT elections