Category Archives: Corporate Tax

In many respects, the S corporate form is a hybrid entity.  For most legal purposes, except taxation, an S corporation respects its lineage and is governed by the same laws that govern C corporations.    However, for tax purposes, S corporations … Continue reading →

A.     Introduction Although LLCs and partnerships possess attractive tax attributes, the fact remains that in 2004, 48.1 percent more returns were filed by S corporations than were filed by entities taxed as partnerships. An S corporation is a domestic small … Continue reading →