News & Insights: mordecai lerer

C Corp or Pass-Through? Tax Advantages of Selling C Corporation Qualified Small Business Stock May Settle the Question


By Mordecai Lerer  |  July 28, 2021

When tax rates were 35% for corporations and 39.6% for individuals it was straightforward to decide whether to set up a business as a C Corporation or as a pass-through Subchapter S or LLC. But the tax advantages of selling C Corp Qualified Small Business Stock (QSBS) change the equation.

The new employee tax credit your organization may be missing out on


By Mordecai Lerer  |  February 28, 2017

Are you familiar with Internal Revenue Service forms 5884, 5884C and 8850? If not, your organization may be missing an opportunity to reduce its federal tax liability from $1,200 up to $9,600 per new hire. The great news is, both “for-profit” and “nonprofit”employers are eligible for the Work Opportunity Tax Credit (“WOTC”).