Is becoming a C Corporation the best tax strategy for your business?
Today on The Truth About Wealth, John and Michael Parise speak with Doug Dickey, CPA, CEPA, Manager, and Shareholder at DRDA, PLLC, about the benefits and tax implications of using C corporations for business structures post Tax Cuts and Jobs Act.
They explore the flat 21% tax rate for C corporations, the potential tax savings compared to flow-through entities, and strategies for managing double taxation on dividends.
So, tune in as Doug highlights the importance of entity choice for asset protection, tax planning, and reinvestment opportunities, emphasizing the flexibility C corporations provide for businesses aiming to maximize after-tax profits and growth.
Talking points include:
Connect with Doug Dickey:
Connect with John and Michael Parise:
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Preparing Tax Strategies for the Upcoming Tax Provision Changes (Ep. 124)
Increasing Tax Efficiency and Asset Protection Through MSOs with Doug Dickey (Ep. 123)
Case Study: How Upline Planning Helps Families Preserve Wealth Through Generations (Ep. 121)
Upline Planning: What it is & Why You Need to Do it (Ep. 120)
Securing Your Family’s Future Wealth Q&A (Ep. 119)
Nurturing Wealth, Values, and an Entrepreneurial Mindset Across Generations (Ep. 118)
Estate Planning For Younger Families with Chris Ruffino (Ep. 117)
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Navigating Family Dynamics With Family Coaching featuring Alex Kirby (Ep. 115)
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The Hidden World of the U.S. Mint with David J. Ryder (Ep. 113)
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Wine Not Three-Peat? Bordeaux Unveiled with the Return of Tim O’Rourke (Ep. 111)
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Helping Talent Find You with Chris Czarnik — Part 2 (Ep. 107)
Helping Talent Find You with Chris Czarnik — Part 1 (Ep. 106)
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