Mon.Jul 26, 2021

Remove the-death-of-s-corporations
article thumbnail

The Death of S Corporations?

Burr Forman

Corporations, limited liability companies, and certain other business entities can make an election with the Internal Revenue Service to be taxed under Subchapter S of the Internal Revenue Code. One of the perceived benefits of owning and operating a business through an S corporation is potential employment tax savings.

Trade 88