Just FYI, you don't incorporate as a C-corp. you just incorporate and then elect

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Mar 27, 2015
12:28:37pm

Non-mo Coug

Just FYI, you don't incorporate as a C-corp. you just incorporate and then elect

C-Corp treatment for tax purposes. For Corporate law purposes, there is no distinction between C- and S-Corps. That's purely an IRS designation

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Non-mo Coug

Bio page: Non-mo Coug
Joined: Sep 1, 2013
Last login: Apr 24, 2024
Total posts: 5,984 (65 FO)

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Messages

Author

Time

Anyone have experience incorporating as a C-Corp in California? Or can recommend

SanFran

3/27/15 12:14pm

I thought being a corporation in California was illegal.

Mister P

3/27/15 12:18pm

It is, but it's not punishable by prison only by fines of up to 60% of income

cougarfann888

3/27/15 12:21pm

Just FYI, you don't incorporate as a C-corp. you just incorporate and then elect

Non-mo Coug

3/27/15 12:28pm

Thanks. Precisely why I'm looking for an attorney.

SanFran

3/27/15 12:29pm

RE: Just FYI, you don't incorporate as a C-corp. you just incorporate and then

PowayCoug

3/27/15 12:49pm

Actually, if you want to be a C corp, you don't make any election

BYUMizzou

3/27/15 12:49pm

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