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Subject:
Item Title: Reducing a BIG Tax on S Corporations
Summary:
Corporate conversions, for example a regular C corporation converting to an S corp, can spark an expensive built-in gains tax known as the BIG tax. But with proper planning before electing S status, that tax can be reduced or even eliminated. Click "Full Article" to see how.
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The business, legal, and tax climate is constantly changing.  It may be very important to consult with us before implementing ideas contained in articles and announcements. Many ideas have complexities and nuances that cannot be adequately detailed in the articles or announcements.

We are not responsible for errors, misinterpretations, or omissions related to these articles or announcements. Nor are we responsible for the applicability to your personal, business, or tax situation. Please consult us first to discuss applying any articles or announcements to your specific situation.