Tag Archives: Section 1202 QSBS Exclusion

When a Restaurant Group Should Convert to a C-corporation

Women restaurant owner looking into converting to a c-corporation

LLC taxed as a partnership is a typical legal and tax structure for small restaurant groups because it provides limited liability, no double taxation, flexible economic arrangements, and pass-through tax losses to partners. In most cases, closely held businesses are better off structured as pass-through entities—partnerships or S-corporations.  However, fast-growth restaurant groups may reach a