Like December 7, April 15 for many is “a date which will live in infamy.” It’s Tax Day in most of the U.S. Calendar-year partnerships and S … Read more about 5 Last-Minute Tax Tips for Owners of Pass-Throughs
Terminating Your S Election?
The flat 21% tax rate on the profits of a C corporation has left many S corporations thinking about revoking their election. Certainly for some S … Read more about Terminating Your S Election?
S Corporations and Basis Essentials to Know
There were 4.8 million S corporation returns filed during the government’s 2016 fiscal year. There are no recent statistics on the number of … Read more about S Corporations and Basis Essentials to Know
Is It Time to Terminate an S Election?
S corporations are corporations formed under state law that elect to be taxed as pass-through entities for federal income tax purposes. Most states … Read more about Is It Time to Terminate an S Election?
New Tax Rules for Business — Part 4 (S Corporations)
The Protecting Americans from Tax Hikes (PATH) Act, which was signed into law on December 18, 2015, extends permanently or temporarily many … Read more about New Tax Rules for Business — Part 4 (S Corporations)
