Ask HN: Do the new tax laws cause you to change your corporation type?

6 pointsnicholas732 comments

For LLC owners, do the new tax laws make sense for you to change to a C Corp? Especially in CA, where there is an $800 LLC fee?

In California, even for C corp, there is a 700-800 franchise fee...

Whoops, but it looks like the $800 can be waived the first year and count towards income tax.