Welcome Guest. Register Now!  



Find a tax professional cpa near you

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 12-23-2009, 09:40 AM
Junior Member
 
Join Date: Dec 2009
Posts: 1
Law Firm wants to be an S-Corp

I've got a Law Firm as a client who first wants "limited liability protection". Is it most common for Law Practices to be set up as a Personal Service Corporation, LLP or LLC ? Second, they want to know if they can choose to be taxed as an S-Corp to avoid the 35% PSC flat tax ?
Reply With Quote
Ads
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Follow us on Twitter
» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 
Forum for CPAs
 
Financial Planning