Prior to incorporation or even mid-operation, a Board or CFO often faces the daunting task of considering what practical steps exist for managing and reducing their company’s corporate tax burdens. Just knowing where to start or whether to consult your attorney, your CPA, or even the IRS, is a threshold determination that often results in a quagmire where no decision is made. 

At RR&A, we recommend a pragmatic and comprehensive approach to help address these concerns and aid your process as you consider how to reduce your state corporate tax obligations, tax concerns as either a C Corp or S Corp, shareholder tax options in a sale, tax dividends and distributions treatment, QBI Deduction options, and how to coordinate between your attorney and CPA.