Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 07-06-2008, 02:28 AM
Junior Member
 
Join Date: Jul 2008
Posts: 9
can an LLC own C Corp Stock to prevent being labeled at Personal Service ?

So my husband and I formed a C Corp, we are both employees and owners of the C-Corp but, I just realized I may be labeled as PERSONAL SERVICE CORP WHICH WOULD KILL US.

SO who can I issue 6% of the stock to , to avoid the loss of C Corp status?

CAn you give it to your children?
Do you form another entity and issue stock to that entity such as an LLC?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
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


Similar Threads
Thread Thread Starter Forum Replies Last Post
Can I lease my personal equipment to my C Corp? brndwgnr C-Corporation 0 07-06-2008 02:21 AM
Personal Tax Liens...will it prevent my New C-corp from flipping real estate? marnidog C-Corporation 1 12-27-2007 10:40 AM
What are Personal Service Corporations? TaxGuru C-Corporation 0 12-09-2007 04:09 PM
Startup Stock Issuance thyris C-Corporation 1 11-04-2007 11:16 AM
How does one convert from C Corp to S Corp? Leah S-Corporation 1 01-23-2007 12:33 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning