S-Corporation

At the Law Office of Anthony W. Greco, we understand the stress and life altering circumstances that individuals and companies often deal with when facing business disputes. That is why it is important to have an attorney who has extensive experience in choice of entity issues as well as other business law matters, and who can provide counsel and advice in an understandable, practical and effective manner.

The S-corporation, which requires the consent of all shareholders, is an entity that is treated as a flow-through entity, which means that the corporate income, losses, deductions and credit pass through to the shareholders for federal tax purposes. S-corporation provides for easier income shifting and passive income generation. S-corporation status, however, does not provide the capacity to structure special allocations among its owners. Additionally, an S-corporation is not available if a shareholder is a corporation, partnership, a non-resident alien, or certain ineligible trusts. There are a host of other factors regarding a company’s converting to and out of S-corporation status that must be addressed with precision planning.

The Law Office of Anthony W. Greco is committed to providing each and every Client with professional, aggressive and practical representation, while being sensitive to the Client’s unique concerns and goals. With more than 18 years of experience, our firm is equipped to deal with all issues involved in business formation matters. Everything from transactional needs to corporate litigation, The Law Office of Anthony Greco is prepared to aggressively represent its Clients’ concerns and interests from the first day of representation for business planning through the possible dissolution of a corporation.