Leadership of the House, Senate and the White House issued the attached...
legislation
Latest News
Hensarling Request GAO Study Reducing Dividends
Sep 12, 2015
With a provision in the Highway Trust Fund reauthorization bill that would...
Be Heard: Sub S Action Items for 114th Congress
Aug 10, 2015
Take action and let your voice be heard. The Capital Access for Small Business...
Community Bank Flexibility Act
Jul 28, 2015
Congressman Kenny Marchant (R-TX-24) has introduced the Community Bank Flexibility Act. H.R. 3287, The Community Bank Flexibility Act, was introduced on July 29th and to date has two cosponsors: Congressman Lamar Smith (R-TX-21) and Congressman Diane Black (R-TN-6).
Camp Introduces Tax Reform Act of 2014
Dec 11, 2014
House Ways and Means Committee chairman Rep. Dave Camp, R-Mich., officially...
Subchapter S – Call to Arms
Apr 23, 2014
The Sub S Bank Association was organized 17 years ago as a way of preserving,...
Subchapter S Election for Financial Institutions
Mar 30, 2011
Almost one third of the financial institutions in the United States are now organized as S corporations. Is S corporation taxation right for you?
IRS Acquiesces to Vainisi Decision
Dec 21, 2010
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.
Congress Overwhelmingly Passes Tax Extender Legislation
Dec 16, 2010
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.