Article Date:
April 2019

Word Count:



TCJA Planning: Terminating Your S Corporation Election

If you’re reconsidering your business’s choice of entity due to tax reform, then the C corporation, partnership, or even sole proprietorship may be on your list.


If you are an S corporation currently, then you’ll have to terminate your S corporation election to switch to another business type.


With the switch, you need to consider:



How do I terminate the S corporation election correctly?


What are the tax consequences to me?


We’ll give you a detailed explanation of both.


And we’ll tell you a little-known way you can undo your S corporation with absolutely no tax consequence to you. (Yes, really!) ... Log in to view full article.

Log in to view full article

Already a subscriber?

Email Address


Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
with a money-back guarantee