Kirk is establishing a business in 2013 which could have potential environmental liability problems. Therefore, he is
Fantastic news! We've Found the answer you've been seeking!
Question:
Kirk is establishing a business in 2013 which could have potential environmental liability problems. Therefore, he is trying to decide between the C corporation form and the S corporation form. He projects that the business will generate losses of approximately $100,000 each year for the first 3 years and then will generate profits of at least $200,000 each year thereafter. All profits will be reinvested in the growth of the business. Kirk projects he will be in the 35% bracket in 2013 and thereafter. Advise Kirk on which tax form he should select.
Related Book For
Posted Date: