Category Archives: Subchapter S

Small business and their share holders get special treatment regarding taxes with the help of S Corporation. So S corporation is an elective provision for special income tax treatment. In S corporation you can claim your loss while filing any … Continue reading →

According to the Internal Revenue Service, S corporations now outnumber regular corporations and more than 350,000 new S corporations appear each year. The popularity of Subchapter S corporations shouldn't really surprise people, however. S corporations provide two big tax savings … Continue reading →