This quick-reference manual enables you to avoid tax traps, make a QSub election, capitalize on the permissible differences in stock rights to facilitate estate planning and ownership transfers, determine allocation of income, losses, and ...

Featuring a wealth of practical ready-to-use information, the book covers step-by-step the how-to and when-to of setting up an "S" Corporation, including a guide to all the required tax forms as well as samples of the actual forms, a ...

This book will show you how to reduce your self-employment taxes through an S Corporation election and how to use your corporation to your retirement and fringe benefit advantage.

All-Inclusive Toolkit: With resources, a glossary of words, and state-specific advice for a comprehensive grasp of S-Corps, this handbook is your all-inclusive toolkit. This is where your S-Corporation journey starts.

While S corporations generally avoid federal income tax at the corporate level, S corporation shareholders are taxed pro rata on the corporation's income, which is passed through to them, whether or not distributed.

This book covers the following topics: the qualification requirements for a subchapter S election, the allocation of tax items among the shareholders, the effect of those allocations on a shareholder's basis in stock and debt, the ...