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November 2007 – A Walk-Through on Converting Corporations to LLCs Taxed as Corporations
February 14th, 2013We often preach about converting existing corporations to limited liability companies, both for tax and non-tax reasons. If the conversion is effected for tax planning reasons, it generally results in a liquidation of the corporation and the contribution of the corporate assets to a limited liability company taxed as either a disregarded entity or a partnership.