If you’re launching a business with some partners, an S corporation may be the most suitable form of business for your new venture. Here’s why.
Is an S Corporation the Best Choice for Your Business?
Tag: basis
4 S Corp Elections that Affect Basis
Several elections are available to an S corporation or its shareholders that can affect the basis adjustments caused by distributions and other events.
The Basics of Partnership Taxation
Unlike regular corporations, partnerships aren’t subject to income tax. Instead, each partner is taxed on the partnership’s earnings