Tax Guru-Ker$tetter Letter
Tuesday, February 14, 2006
Selecting Corp Type
Q:
Subject: THANKS FOR THE S VS C ARTICLE
HERE IN FL. MOST SMALL CONTRACTORS WORKING ALONE HAD TO REVERT TO CORP. STATUS TO BE ABLE TO CONTINUE IN BUSINESS DUE TO WC.
WE CHOSE S CORP. HOPE WE MADE THE RIGHT DECISION.
THANKS AGAIN
A:
If you made that decision based solely on what you read on the web, I would have no faith in your conclusion. You absolutely must work with a competent tax professional who can take all of the particular factors into consideration.
Good luck.
Kerry Kerstetter