Welcome to the online home of the Subchapter S Bank Association, the only association specifically created to help financials institutions maximize the benefits of their S Corporation election.
Recent Newsletter Topics View Newsletter Subchapter S Banks Celebrate Victory in TEFRA Disallowance Appeal Sub S Banks Prevail in Modern Day Story of David and Goliath Health Care Reform Carries Impact on S Corporation Shareholders Subchapter S Bank Association Holds Regional Conferences Tax Benefits of Cost Segregation Welcome New Members Upcoming Education Opportunities
6/17/2010 Window of Opportunity Closes on IRS in TEFRA Appeal The window of opportunity has closed for the Internal Revenue Service to appeal the Seventh Circuit Court of Appeals' decision in the TEFRA disallowance case Vainisi v ... Read More
3/18/2010 Seventh Circuit Rules in Favor of Sub S Banks in Vainisi Appeal
This afternoon, the Seventh Circuit Court of Appe ... Read More
3/10/2010 Health Reform Could Bring New Tax on Sub S Shareholders A payroll tax that funds a key component of Medicare funding could be expanded to begin taxing dividends paid to shareholders of S corporations under the Obama administration& ... Read More