Capital Gains Tax of a C Corporation

PowerHomeBiz.com receives a lot of questions from our readers through our Consult Your Guides section. Below is a recent question we’ve received on organizing the legal structure of a business:

I own a small C corporation and am in the process of selling a plot of land. However since I am a C corporation I will be getting taxed almost 35% is there anything I can do to avoid getting taxed such a high rate? – John Hapner, FL.

Read the advice given by our Tax Expert Chrissie Mould