When you’re starting a business, picking the right corporation type can feel like a big decision. It’s not just about the ...

A special form of corporation that allows the protection of limited liability but direct flow-through of profits and losses The S corporation is often more attractive to small-business owners than ...

The IRS is providing relief from penalties imposed solely for failure to furnish Part IV of Form 8308 for partnerships by Jan. 31, 2025, if a partnership meets certain requirements. The IRS issued ...

What is an S corp? An S corporation (S corp) is a legal entity and tax designation defined by its pass-through tax status. By electing to be taxed under Subchapter S of the Internal Revenue Code, S ...