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…


Should Startups Incorporate as Benefit Corporations?

Patagonia. Kickstarter. King Arthur Flour. What do these three companies have in common? They are all Benefit Corporations. Increasingly, companies —…


Forming an LLC: Member-Managed or Manager-Managed?

After considering advantages and disadvantages of different forms of an entity, you have now decided that forming an LLC (limited liability company)…


What’s So Great About a Delaware C-Corporation?

If you’ve spent any time looking at U.S. companies, you’ve likely noticed that an unusually large number are organized as Delaware C-Corporations.…


When Should a Business Incorporate?

Although this is a complex question, thinking about it sooner rather than later may help the startup survive cofounder conflicts such as equity…


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…