501(c)(3) Tax-Exempt Entities and For-Profit Affiliations

By: Thomas ("Graves") Upchurch In the nonprofit world, organizations are constantly looking for opportunities to increase their impact on society.…


FICA and Self Employment Taxes

By: Yitian Cai Previously, our blog has discussed the H-1B “startup visa,” both in the context of the H-1B visa being a workaround for immigrant…


Tax Consequences for Founders

By: Nichollas Dawson Often in the early stages of a business, the most important decision a founder can make involves how their startup will be…


Tax Implications on Businesses After the 2017 Tax Bill

Tax implications and consequences weigh heavily on companies when making strategic business decisions. Among the most important decisions to make is…


Tax Consequences of Converting from an LLC to a C Corp

Converting from an LLC to a C Corp is a common occurrence for many startups when they begin looking for outside financing. Two previous blog posts…


The Corporate Leap: The Transition from the S-Corporation to the C-Corporation (Part II)

Section II. The S-Corporation to C-Corporation Transition Process. You may recall that the transition from the C-Corporation to the S-Corporation, as…


The Corporate Leap: The Transition from the S-Corporation to the C-Corporation (Part I)

Many founders will consider a change in their respective company’s legal entity to be a monumental decision. Due to the potential ramifications…


What Changed for Entity Selection for Startups After the 2017 Tax Changes

Tax is one of many factors when choosing a desired type of entity for a startup. As we discussed in 2016, tax considerations can be one of the most…


Taxation of Grants and the Contribution to Capital Exception

As an early stage startup, companies are generally scrambling for funding and looking in any number of places to secure it. One key source of funding…


Entity Selection for Startups: A Tax Perspective

The entity classification regulations under Internal Revenue Code section 7701, otherwise known as “check-the-box” regulations, allow startups to…