Taxation of S Corporations in a Nutshell
Title | Taxation of S Corporations in a Nutshell PDF eBook |
Author | Douglas A. Kahn |
Publisher | West Academic Publishing |
Pages | 272 |
Release | 2020-10-07 |
Genre | |
ISBN | 9781647085261 |
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.
Taxation of S Corporations in a Nutshell
Title | Taxation of S Corporations in a Nutshell PDF eBook |
Author | Douglas A. Kahn |
Publisher | West Academic Publishing |
Pages | 274 |
Release | 2008 |
Genre | Business & Economics |
ISBN |
This book covers the following topics: the qualification requirements for a subchapter S election, the allocation of tax items among the shareholders, the effect of those allocations on a shareholder's basis in stock and debt, the limitations on the deduction of pass-through items, the treatment of corporate distributions, the voluntary and involuntary termination of subchapter S status, the treatment of the year in which a subchapter S election is terminated, the limited availability of certain subchapter S provisions after a subchapter S election is terminated, and the taxation of an S corporation's passive investment income and built-in gains.
The S Corporation Answer Book
Title | The S Corporation Answer Book PDF eBook |
Author | Sydney S. Traum |
Publisher | Wolters Kluwer |
Pages | 824 |
Release | 2008-12-17 |
Genre | Law |
ISBN | 0735581517 |
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.
Subchapter S Taxation
Title | Subchapter S Taxation PDF eBook |
Author | Irving M. Grant |
Publisher | Shepard's/McGraw-Hill |
Pages | 700 |
Release | 1980-01-01 |
Genre | Small business |
ISBN | 9780070240728 |
This looseleaf work is a comprehensive analysis of the provisions of Subchapter S of the IRC. Comparisons of Subchapter S corporations with partnerships & discussions of how Subchapter S elections may be used to reduce taxes are included in the volume. Forms for Subchapter S election & revocation are provided.
Self-employment Tax
Title | Self-employment Tax PDF eBook |
Author | |
Publisher | |
Pages | 12 |
Release | 1988 |
Genre | Income tax |
ISBN |
Federal Income Taxation of Corporations and Stockholders in a Nutshell
Title | Federal Income Taxation of Corporations and Stockholders in a Nutshell PDF eBook |
Author | Karen C. Burke |
Publisher | |
Pages | 0 |
Release | 2014 |
Genre | Corporations |
ISBN | 9780314288226 |
This edition has been completely revised to reflect developments in the Code, regulations, and case law through October 2013. The text focuses on the corporation as a taxable entity and tracks the corporate life cycle from incorporation through complete liquidation. It includes discussion on nonliquidating distributions, redemptions, and stock dividends. It also addresses advanced problems in corporate taxation, such as taxable acquisitions, tax-free reorganizations and corporate divisions, and carryover of corporate tax attributes.
Practical Guide to S Corporations
Title | Practical Guide to S Corporations PDF eBook |
Author | Michael Schlesinger |
Publisher | CCH |
Pages | 676 |
Release | 2007 |
Genre | Business & Economics |
ISBN | 9780808017622 |