Small
Business Taxes and
Accounting Resource Center
Conversion of C Corporation
to LLC
Conversion
of C Corporation to LLC
Conversion
of C Corporation to LLC
When
converting a C Corporation to an LLC, there are several methods.
First
method:Stockholders may
contribute their shares to the new LLC in exchange for membership
interest, and then the Corporation is liquidated.
Second
method: Form the LLC, create a merger of the Corporation and the LLC is
the surviving entity.
Free Accounting and Tax Help for Individuals and Small Businesses
Accounting and Tax Help
Conversion
of C Corporation to LLC
Conversion of a C Corporation
to an LLC can affect the future of your business. After you have been
in business for a few months, then you can see which type of company would
best suit your corporate goals.
Find out if there is really an
advantage of being taxed as an LLC versus a C corporation.
Ask a Tax Expert for
accounting advice before you make this decision.