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Starr Cardio, Inc. is a small business.Ted, Uma, and eleven other members of the Starr family own all of its stock.Currently, Starr'sprofitsare taxed at the

Starr Cardio, Inc. is a small business.Ted, Uma, and eleven other members of the Starr family own all of its stock.Currently, Starr'sprofitsare taxed at the corporate level and, after being distributed to the family members in the form of dividends, at the individual level.Can Starr retain its corporate status but otherwise avoid this double taxation.If so, how?

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