Current developments - eligibility, elections and terminations; operations; reorganizations; and legislation. (S corporations): An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on October 1, 1996. The length of the article is 6715 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: A survey of legislation and case law from August 1995 to August 1996 relevant to S corporation taxation focuses on S corporation elections, reorganizations and management. Many of the legislative changes were enacted in the Small Business Job Protection Act of 1996, including an increase in the permissible number of shareholders from 35 to 75. Congress has encouraged the IRS to allow for the correction of inadvertent election errors. The IRS' check-the-box entity classification proposal may also have significant effect on S corporations.

Citation Details
Title: Current developments - eligibility, elections and terminations; operations; reorganizations; and legislation. (S corporations)
Author: Stewart S. Karlinsky
Publication:The Tax Adviser (Magazine/Journal)
Date: October 1, 1996
Publisher: American Institute of CPA's
Volume: 27 Issue: n10 Page: 614(7)

Distributed by Thomson Gale