Q:

Hi Kerry,
I just read your articles on corporations on your website and wanted to let you know how useful they have been.  I am a beginning real estate investor, residing  in California and in the process of aquiring some property in the PHX,AZ area.  I formed a California C-corp for my investments and was wondering what books/products you recommend for doing all my corporation minutes, bylaws....etc.  I would like set my fiscal year to be on Jan. 31.  I've been skimming the Nolo Press website about their Setting Corp info but seems like their products seem to be biased towards S-corp.  As a matter of fact, I've scored all through the internet and the taxguru website was practically the only site that mentioned the positives of forming a C-Corp.  All the others went into great details on why its beneficial to form LLC and/or S-Corps.  I am wondering if you take on clients that are out of state(like CA) and if you could recommend any books/sites for what I need to do next as getting my C-corp all "legit"
 
Thanks,

A:

I have long been a big fan of the books and other materials from Nolo Press, as well as Corporate Publishing Co.  

The distinction between S and C corps really only affects taxation of the corp income.  All of the other rules and requirements for maintaining a corporation (minutes, officers, stock, etc) are exactly the same; so there aren't separate books on these topics for C and S corps.

We do already have clients in almost every state of the country.  Unfortunately, I am so far behind with just their work that I am unable to accept any new clients from anywhere.

Good luck.

Kerry Kerstetter

- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 12/01/2004 05:22:00 PM Send this post: