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S Corporations Should Be Jaded That 1202 Only Applies to C Corporations

Withum

APRIL 5, 2023

The magical application of Section 1202 for C corporation shareholders seems too good to be true, with millions of tax dollars being saved. The C corporation shareholder can benefit not only from a reduced 21% corporate income tax rate, but the 1202 exclusion on the sale of their stock as well.

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2022 Year-End Tax Planning Checklist

Withum

NOVEMBER 17, 2022

Most of the income tax proposals in the 2021 “Build Back Better” bill did not make it into the IRA. General Income Tax Planning. Postpone income until 2023 and accelerate deductions into 2022. Geography, such as distressed zones, enterprise zones, or tax-increment finance districts. Contact Us.

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Accountant Advocate

S Corporations Should Be Jaded That 1202 Only Applies to C Corporations

2022 Year-End Tax Planning Checklist

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