A reader sent in the following question to me recently in regards to Subchapter S corporations: “For some time now, I have been thinking about forming a limited liability company (LLC) for my small ...

A corporation issues shares of stock to investors that represent ownership in the company. One of the benefits of the corporate entity is the ability to sell shares of stock to any person or entity ...

As a business form, corporations have been around for a very long time. The term corporation stems from the Latin “corpus” in ancient Rome, which was used to mean a separate “body” or a separate ...

In the S corporation arena, tax advisors and taxpayers generally do not focus a lot of attention on the S corporation shareholder eligibility rules other than at the time the S election is made. As we ...

This third installment of my multi-part series on Subchapter S is focused on a single Code Section, namely IRC Section 1361(b)(1)(C) and the ineligibility of nonresident aliens as shareholders of ...

Opinions expressed by Entrepreneur contributors are their own. Q: Someone told me that having an S corp has many advantages as well as disadvantages. Can you explain to me exactly what this type of ...

Shareholders of a corporation are entitled to a share of the corporation's profits. The way profit distributions are classified and handled depends on the way the corporation pays taxes. An S ...

S corporations are the only entities that owners, partners or shareholders cannot sell to benefit favored charities by using a charitable remainder trust. Processing Content There are approximately 6 ...

Many business owners set up their businesses using corporations that can qualify for an election under Subchapter S of the Internal Revenue Code. By doing so, entrepreneurs can get the asset ...