In the S corporation arena, tax advisors and taxpayers generally do not focus a lot of attention on the S corporation shareholder eligibility rules other than at the time the S election is made. As we ...

This third installment of my multi-part series on Subchapter S is focused on a single Code Section, namely IRC Section 1361(b)(1)(C) and the ineligibility of nonresident aliens as shareholders of ...

A corporation issues shares of stock to investors that represent ownership in the company. One of the benefits of the corporate entity is the ability to sell shares of stock to any person or entity ...

As a business form, corporations have been around for a very long time. The term corporation stems from the Latin “corpus” in ancient Rome, which was used to mean a separate “body” or a separate ...

A reader sent in the following question to me recently in regards to Subchapter S corporations: “For some time now, I have been thinking about forming a limited liability company (LLC) for my small ...

The names and numbers of all the players are in the program. It can’t hurt to page through the financial rule book. There is no need to develop expertise in corporate law. Many small businesses choose ...

Many business owners set up their businesses using corporations that can qualify for an election under Subchapter S of the Internal Revenue Code. By doing so, entrepreneurs can get the asset ...