Who Should Use the C-Corporation for Their Trading Business?
The c-corporation used by itself, works well for those individuals who are not looking to take money out of their account, but instead, are looking to grow their wealth for long-term investing. One of the main advantages is that the c-corporation has its own tax brackets. For example, instead of your trading gains being taxed at your personal tax rates, the first $50,000 of profits in your c-corporation are taxed at just 15%. In addition, the c-corporation is unique in its ability to write-off 100% of all medical expenses, including long-term care and other related expenditures. If you are in this situation, the c-corporation may be right for you. Who Benefits from Using the C-Corporation in Combination with the LLC? If you want to use a legal entity for your trading, and you want to take money out of your trading business without paying payroll taxes, and you will be trading less than 200 trades per year, the combination of the c-corporation and the LLC may be right for you. The c-cor
