Posted 2/14/2014 00:29 (#3688674 - in reply to #3687288) Subject: RE: Some tax questions about a farming corporation.
Pasco WA.
How do I unwind a C corm in my case. Corp owns the equipment and operations. land is owned personally. Been maxing out the 15% tax bracket for the corp for over 20 years so the corps net worth is pretty large now. Not going to take it all out in a few years of wages and or rent without a huge tax hit. I can see retirement on the horizion but don't know how to unwind the C corp with out paying a lot of tax's.