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Business has evolved, and your original structure is no longer is the best fit—no problem. We’ll help you convert a corporation to or from an LLC, ensuring it’s done the right way.
Your quote depends upon both your business type and the states in which you do business.
Want to discuss the fine print of your annual report? We can help. Request a follow-up
Have a specific question about a product? A CT Specialist will follow up with a custom quote along with a comprehensive assessment of your needs.
Whether it’s an LLC, a corporation, or other business type, each one has its own set of restrictions and opportunities. For example, a corporation can garner venture capital more readily than an LLC. Although the requirements vary, most states allow businesses to convert from one to another. Rest assured, CT’s compliance experts know the ins and outs of every state's conversion process.
Yes, there may be significant tax consequences, both at the time of conversion and going forward. For example, if you convert a corporation to an LLC, both the corporation and its shareholders may be taxed. It’s best to consult an accountant or tax advisor for advice on your particular situation.
No, an S-Corporation is a special tax classification. Making an S Corporation election—or revoking one—requires a filing with the IRS, not the state. We’re available assist you with making an S Corporation election, though we recommend soliciting guidance from a tax professional as well.