The S Corporation Answer Book
The S Corporation Answer Book

Author: Sydney S. Traum

Publisher: Wolters Kluwer

Published: 2008-12-17

Total Pages: 824

ISBN-13: 0735581517

DOWNLOAD EBOOK

This quick-reference manual lets you help clients take full advantage of their S corporation status and minimize their taxes. it leads you directly to authoritative information on every aspect of the S corporation, enabling you to: Arm the S corporation against the potential tax traps hidden in the Small Business Tax Protection Act. Maximize the tax benefits of S corporation status. Make a qualified Subchapter S Subsidiary (QSub) election. Identify dispositions that will trigger the built-in gains tax. Avoid added tax liability or loss of S corporation status from passive investment income. Capitalize on the permissible differences in stock rights to facilitate estate planning and ownership transfers. Determine allocation of income, losses, and deductions in the termination year of the S corporation . Plus, there are citations To The controlling rules, regulations, and court decisions that will save you hours of research.

Earnings and Profits
Earnings and Profits

Author: David Friedel

Publisher:

Published: 2010-01

Total Pages:

ISBN-13: 9781558717404

DOWNLOAD EBOOK

"Discusses the principles and rules associated with earnings and profits (E & P)"--Portfolio description.

Taxpayer's Comprehensive Guide to LLCs and S Corps
Taxpayer's Comprehensive Guide to LLCs and S Corps

Author: Jason Watson

Publisher:

Published: 2021

Total Pages: 0

ISBN-13:

DOWNLOAD EBOOK

"This is our ninth edition (2021-2022 Edition). How can I avoid self-employment taxes? This simple question was the inspiration for creating an article describing the benefits of an S Corporation. That original article, which was about four pages long, quickly became a series of knowledge base posts on the WCG website. The articles touched on basic topics such as how to elect S Corp status, shareholder payroll, reasonable salary determination and liability protection. Those broad topics demanded much more information, both horizontally by spanning into more related issues, and vertically by digging deeper into the granular yet riveting levels of the tax code..." --

Federal Income Taxation of S Corporations
Federal Income Taxation of S Corporations

Author: KAREN C.. MCNULTY BURKE (JOHN K.)

Publisher: Foundation Press

Published: 2022-10-20

Total Pages: 0

ISBN-13: 9781636593579

DOWNLOAD EBOOK

This text provides a concise introduction to the taxation of S corporations and their shareholders. It explains the basic law and offers examples to focus the scope and application of the general principles. Topics include: electing and maintaining S status; shareholder-level taxation of income, loss, and distributions; use of shareholder debt; qualified subchapter S subsidiaries; and special taxes imposed on S corporations. More advanced topics are also addressed, including redemptions, acquisitions and dispositions, as well as the advantages and disadvantages of S corporations compared to partnerships. This third edition has been fully updated to reflect developments through June 2022.

Angel Investing
Angel Investing

Author: Joe Wallin

Publisher: Holloway, Inc.

Published: 2020-07-01

Total Pages: 244

ISBN-13: 1952120497

DOWNLOAD EBOOK

Angel Investing: Start to Finish is the most comprehensive practical and legal guide written to help investors and entrepreneurs avoid making expensive mistakes. Angel investing can be fun, financially rewarding, and socially impactful. But it can also be a costly endeavor in terms of money, time, and missed opportunities. Through the successes, failures, and collective experience of the authors you’ll learn how to navigate the angel investment process to maximize your chances of success and manage downside risks as an investor or entrepreneur. You’ll learn how: - Lead investors evaluate deals - Lawyers think through term sheets - To keep perspective through losses and triumphs This book will also be of use to founders raising an angel round, who will be wise to learn how decisions are made on the other side of the table. No matter where you’re starting from, this book will give you the context to become a savvier thinker, a better negotiator, and a positive member of the angel investing and startup communities.

Practical Guide to S Corporations
Practical Guide to S Corporations

Author: Michael Schlesinger

Publisher: CCH Incorporated

Published: 2005

Total Pages: 567

ISBN-13: 9780808013860

DOWNLOAD EBOOK

Rev. ed. of: S corporations: tax practice and analysis / Michael Schlesigner. 2nd ed., 2002.

LLC Vs. S-Corp Vs. C-Corp
LLC Vs. S-Corp Vs. C-Corp

Author: Mike Piper

Publisher:

Published: 2019-07-22

Total Pages: 120

ISBN-13: 9781950967018

DOWNLOAD EBOOK

The "LLC, S-Corp, or C-Corp" question is one of essential importance: Make the right decision, and you'll be paying less tax; you'll know your personal assets are protected from lawsuits against your business; and you might even save yourself some money on accounting and legal fees. Make the wrong decision, and you'll be paying an unnecessary amount of tax; you'll be wasting money on legal bills; and you'll be only a lawsuit away from losing your home and other personal assets. Find the following, explained in plain-English with no legal jargon: The basics of sole proprietorship, partnership, LLC, S-Corp, and C-Corp taxation. How to protect your personal assets from lawsuits against your business. When the protection offered by an LLC will work. (And more importantly, when it will not!) Which business structures could reduce your federal income tax or self-employment tax.

Taxation of S Corporations in a Nutshell
Taxation of S Corporations in a Nutshell

Author: Douglas A. Kahn

Publisher: West Academic Publishing

Published: 2020-10-07

Total Pages: 272

ISBN-13: 9781647085261

DOWNLOAD EBOOK

The Subchapter S rules are complex. This book describes the basic rules that apply to S corporations and their shareholders with sufficient detail to alert the reader to potential pitfalls. The topics covered include: (1) the qualification requirements for a Subchapter S election, (2) the allocation of tax items among the shareholders, (3) the effect of those allocations on a shareholder's basis in stock and debt, (4) the limitations on the deduction of pass through items, (5) the treatment of corporate distributions, (6) the voluntary and involuntary termination of Subchapter S status, (7) the treatment of the year in which a Subchapter S election is terminated, (8) the limited availability of certain Subchapter S provisions after a Subchapter S election is terminated, (9) the taxation of an S corporation's passive investment income and built-in gains, and (10) the business income deduction. The discussion of these issues is supplemented by numerous examples.