
Entity Classification Series: Converting Multi Member LLC to Corporation
GENERAL BACKGROUND Last week we discussed the conversion of a Single Member LLC to a Corporation. In this week’s blog we will discuss... Read more

Entity Classification Series: Converting a Single Member LLC to a Corporation
GENERAL BACKGROUND In this week’s blog we will look at the US Federal Tax Implications of converting a Single Member Limited Liability Corporation... Read more

Entity Classification Series: What Is An Ordinary Trust And Is Your Entity One?
GENERAL BACKGROUND We discussed in our previous blog what constitutes a “business trust” for Federal Tax Purposes. In this week’s blog we will... Read more

Entity Classification Series: What is a Business Trust and Is Your Entity One?
GENERAL BACKGROUND Trusts are one the most popular investment and business vehicles used worldwide. It provides various benefits and planning opportunities for families... Read more

Entity Classification Series: Pick Your Own Path – Are You Eligible?
GENERAL BACKGROUND As discussed in our previous blog – “Entity Classification Series: Corporate Taxation vs Passthrough - What is the Difference?” The United... Read more

Entity Classification Series: Corporate Taxation vs Passthrough – What is the Difference?
GENERAL BACKGROUND The United States (US) taxes business entities based on how they are classified for income tax purposes. There are distinct differences... Read more