The IRS may grant you the S Corp election for the current tax year if you demonstrate reasonable cause for missing the due date. If you were looking forward to the tax advantages of electing S ...

The decision to file an S election requires consideration of the tax year to be used by the S corporation. At the time  Form ...

If you have business clients considering changing their LLCs or C corporations from their entity's default tax treatment to S corporation election, now is a great time to remind them about the ...

An S Corporation is an IRS tax classification that allows an eligible entity to be a pass-through entity for tax purposes. This means that the business owners will report their share of business ...