Entrepreneurs are opening businesses everywhere. Image: Small Business Administration. Starting a business is exciting, but it comes with all kinds of decisions to make. On the tax front, many ...

HOUSTON, April 27, 2022 (GLOBE NEWSWIRE) -- A Houston-based legal and tax services provider is offering a digital platform to support business owners as they file form 2553 - the paperwork necessary ...

As clients' businesses evolve, it sometimes makes sense for them to change how their companies are taxed. And I expect that occasionally you've encountered clients who made a change at one point but ...

Operating a business as an S corporation can be kinda’ nice. Limited legal liability. Pass-through, single-level taxation. All the good stuff an enterprising business owner would hope for out of an ...

In Rev. Proc. 2007-62 (released Oct. 9, 2007), the IRS has provided a new simplified method for taxpayers to request relief for late S corporation elections. A small business corporation may make an ...

The IRS recently issued Revenue Procedure 2022-19, which permits S corporations to remedy certain inadvertent terminations of S corporation status and invalid elections without having to request a ...

Hi, I'm Jackie Jackson, and I'm gonna talk to you about how to fill out the S-corp form. Now an S-corp or an S-corporation is a corporation that has been given authority by the IRS, the Internal ...

Opinions expressed by Entrepreneur contributors are their own. Joe Biden will likely begin working on his promise to raise taxes in his first 100 days. So how can you plan now to reduce or avoid the ...

A subchapter S corporation is a special type of business structure that treats all income and losses as if they were passed through to the shareholders of the company. This method of passing through ...