According to the Federal Deposit Insurance Corporation (FDIC), there are currently 2,200 financial institutions or bank holding companies organized as S corporations.
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Almost one third of the financial institutions in the United States are now organized as S corporations. Is S corporation taxation right for you?
Victory for S corporation financial institutions as the Internal Revenue Service announces it’s acquiescence with the Seventh Circuit Court of Appeals in TEFRA case.
Officially titled the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, the bill extends all of the Bush-era tax cuts through 2012.
Senate passes small business jobs bill aimed at encouraging community banks to expand small business lending.