Hello,
Small dental office C-Corp advised by accountant 14 years ago for NOL. Currently operating part-time with spouse & myself as W-2 employee. Equipments fully-depreciated, no more carryover NOL, brand new SBA-EIDL loan (started paying July 2024 due to 2-yr deferred payments). Does it make sense to convert to S-Corp (LLC?) and do I need to make a new QB business account?
