Taxation of S Corporations in a Nutshell (Nutshells)

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Taxation of S Corporations in a Nutshell (Nutshells) image
ISBN-10:

0314184929

ISBN-13:

9780314184924

Edition: 1
Released: Dec 10, 2007
Format: Paperback, 269 pages

Description:

This book covers the following topics: the qualification requirements for a subchapter S election, the allocation of tax items among the shareholders, the effect of those allocations on a shareholder’s basis in stock and debt, the limitations on the deduction of pass-through items, the treatment of corporate distributions, the voluntary and involuntary termination of subchapter S status, the treatment of the year in which a subchapter S election is terminated, the limited availability of certain subchapter S provisions after a subchapter S election is terminated, and the taxation of an S corporation’s passive investment income and built-in gains.

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