Changing a regular corporation, or C corporation, to an S corporation requires you to make a tax election with the Internal Revenue Service that places the corporation under the tax provisions of ...
Whether you're the only member of a limited liability company, or LLC, or are one of many, you can start taking advantage of some tax-saving opportunities that S corporations offer by making an ...
In my practice, I have seen various issues related to a taxpayer’s S election. Corporations potentially jeopardize their S election by unknowingly creating a second class of stock through convertible ...
Entrepreneurs are opening businesses everywhere. Image: Small Business Administration. Starting a business is exciting, but it comes with all kinds of decisions to make. On the tax front, many ...
Using this form is the key to avoiding double taxation. Starting a business is exciting, but it comes with all kinds of decisions to make. On the tax front, many entrepreneurs have never heard of Form ...