C Corporation – The Burns Firm – Advisors of Complex Financial Matters

The Tax Advantages of Including Debt in a C Corporation Capital Structure

May 23rd, 2024|Categories: Accountant, Burns Firm, Business, C Corporation, CPA, CPA Dallas, CPA near me, CPA Texas, CPADallas, Dallas CPA, Debt, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, TCJA, Texas CPA, The Burns Firm|Tags: C Corporation, cpa near me, Dallas CPA, Debt in a C Corp, North Texas CPA, tax, Tax Advantage of Including Debt in C Corp, tax advisor, TCJA, Texas CPA, The Burns Firm|

Let’s say you plan to use a C corporation to operate a newly acquired business or you have an existing C corporation that needs more capital. You should know that the [...]

The Right Entity Choice: Should You Convert From a C To An S Corporation?

January 14th, 2021|Categories: Accounting, Burns Firm, Business, C Corporation, S Corporation, Services, Tax, Tax Planning|Tags: business CPA, C Corporation, CPA, CPA in Dallas, Dallas, how do I know what type of entity my business should be, how to choose entity type, s corporation, should I be a C corp, should I be an S corp, tax, tax accountant, Tax planning, The Burns Firm, whats the right entity choice for your company|

The best choice of entity can affect your business in several ways, including the amount of your tax bill. In some cases, businesses decide to switch from one entity type [...]

Should You Switch Your Business to C Corporation Status?

March 7th, 2019|Categories: Accounting, C Corporation, Services, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: busiess is a C corp, C Corporation, CPA, should you switch to C corp, tax, tax advisors, Tax planning, The Burns Firm|

Thanks to the Tax Cuts and Jobs Act (TCJA), the federal income tax rate on C corporations is now a flat 21%, for tax years beginning in 2018 and beyond. [...]

2018 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers

September 13th, 2018|Categories: Accounting, Burns Firm, C Corporation, Services, Tax, Tax Preparation, Tax Return|Tags: 2017 tax filing deadline for extensions, C corp, C Corporation, FICA taxes, IRS, Q4 tax deadlines, tax, tax filing, The Burns Firm|

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2018. Keep in mind that this list isn’t all-inclusive, so there may [...]

Leasing Property to Your C Corp

March 20th, 2018|Categories: Accounting, Burns Firm, Business, C Corporation, Merger & Acquisition, Services, Tax, Tax Credits, Tax Deductions, Tax Planning, Tax Preparation, Tax Return|Tags: Accounting, Assets, business, C corp, C Corporation, deductions, Leasing property to C corp, Loan, Property, tax, tax preparation, tax return, The Burns Firm|

It's generally not a good idea for a closely held C corporation to own assets with high appreciation potential. A classic example is real estate. If your corporation owns property, [...]