Converting from C to S corp. may be costlier than you think
| David Casten, and David Beausejour present a compelling argument in favor of electing flowthrough-entity status for existing C corporations. However, before "pulling the trigger" and converting to a flowthrough entity, taxpayers and their advisers should consider at least one additional issue: the appraised fair market value (FMV) of the entity for gift, estate, and income tax purposes. Converting from C to S corp. may be costlier than you think |