In certain circumstances, C corporation shareholders can elect to change the entity to a flow-through entity for tax purposes.

Name: In certain circumstances, C corporation shareholders can elect to change the entity to a flow-through entity for tax purposes.
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C corporations can elect to become an S corporation, which is a flow-through entity for tax purposes. This election must be made with the IRS and there are certain eligibility requirements that must be met.

In Certain Circumstances, C Corporation Shareholders Can Elect to Change