Many experts think it is wise to start out as an s


Question: S Corp status in early years

Many experts think it is wise to start out as an S corporation and then, as the business grows, convert to a C corporation. What advantage do S corporations have over C corporations in the early years of a new business venture?

Please provide at least 200 words with References.

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Finance Basics: Many experts think it is wise to start out as an s
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