The S Corporation Handbook, 2009-2010 ed. (Securities Law Handbook Series)

This handbook discusses in depth all IRS materials issued in connection with the eligibility, operations, and workings of S Corporations. It examines the choice of entities question and also serves as a practical tool once the S election is made to keep the practitioner advised of important trends and possible pitfalls in the choice of S status, including analysis of the latest developments concerning the passive activity loss rules.