Adam J. Siegelheim, member of Stark & Stark’s Business & Corporate and Franchise Groups, authored the article Small Business Owners Need to Plan for Tax Increases in 2011 for the September 2009 edition of Mercer Business Magazine.
The article discusses the differences, and advantages, between an S Corporation and a C Corporation. Mr. Sigelheim points out that although S Corporations currently receive tax breaks which were put in place by former President Bush, President Obama’s proposed budget for 2011 does not include the renewal of these tax cuts, and therefore, in the future it may be more profitable to operate as a C Corporation.
You can read the full article online here.