Archives for March 2011
Ineligible shareholders of an S corporation include: Non-resident aliens; Corporations; Partnerships; Limited liability companies; and IRAs and Roth IRAs (under circumstances not described . . .
In addition to raising the number of permissible shareholders from 75 to 100, the American Jobs Creation Act also introduced the term “members . . .
Because S corporations are “pass-through” entities, they are restricted in the types and number of shareholders they may have. In general, only individuals, . . .
According to the Federal Deposit Insurance Corporation (FDIC), there are currently 2,200 financial institutions or bank holding companies organized as S corporations.
Almost one third of the financial institutions in the United States are now organized as S corporations. Is S corporation taxation right for you?