The first thing Levine made clear to readers is that an S-corporation, or S-corp, is a tax construct that can be applied to preexisting businesses but cannot be created on its own. “You can’t ...

A special form of corporation that allows the protection of limited liability but direct flow-through of profits and losses The S corporation is often more attractive to small-business owners than ...

In this episode of Tax Notes Talk, the second of a three-part series, Damien Martin and Tony Nitti of EY discuss their top ...

One method that is gaining traction is the S corporation election. This strategy has the potential to help business owners alleviate employment taxes and foster financial success. The concept of ...

An S corporation, often called an S corp, is a specific corporation type that draws its designation from Subchapter S of the tax code. To start an S corp, a small business owner would start a C ...

A new study from Lettuce Financial reveals that self-employed professionals and solopreneurs are unknowingly leaving thousands of dollars in tax savings on the table due to confusion over S ...

To qualify as an S corporation, a business must meet specific requirements, such as being an eligible domestic corporation, limiting the number of shareholders to 100, and ensuring shareholders ...

Sole proprietors, partners (including LLC members) and two percent shareholders in an S corporation are not treated as “employees” for purposes of certain benefits. Among those benefits is ...