C-corp Tag

In 2015 congress passed legislation, which can put millions of dollars into the hands of anyone who owns qualifying stock in technology and biotechnology companies upon an exit. It presents a tax planning opportunity for founders, investors and shareholder-employees in technology and biotechnology companies.

In looking at the issue of limited liability company (“LLC”) to C-corporation conversions, there are often two critical questions that are raised by founders and their advisors: How do we ensure that the transaction is not a taxable event; and,...