The deadline for existing LLCs and C Corporations to elect S Corporation tax treatment for tax year 2026 was March 16. What ...

For high-earning founders and partners, the S-corp decision is less about tax theory and more about execution and infrastructure. S-corp savings depend on consistent income and a defensible, optimized ...

The IRS, citing earlier problems e-filing a new form reporting S corporation owners’ basis, has granted relief to certain farmers and fishermen who missed their March 1 filing deadline. The IRS said ...

Situation: Your client owns a small business that operates as a subchapter S corporation. She elected S corporation status when the individual tax rates were lower than those for a C corporation. When ...

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 ...