0
An S corporation is one that passes corporate income, losses, deductions, and credits to it's shareholders. The shareholders then list these ups and downs on their personal income tax returns and are assessed as individuals rather than a company.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Who pays taxes within an S corporation?
Corporation Shareholders
Who pays the taxes within an S corporation?
Corporation Shareholders
What are kinds of corporation?
There are 3 kinds: S corporation, C corporation and Limited Liability Company (LLC)
Do s-corporations get 1099s?
do s corporation get 1099
In forming a Sub S corporation if the shareholder contributes a piece of equipment to the corporation what is its basis in the corporation?
The equipment would become a fixed asset of the corporation.
Can an S corporation be sued?
Yes. S-Corporation status does not change a corporation's liability to suits.
How do you buy into a business that is an S-Corp?
You can buy stock from an S corporation directly from the S Corporation stockholders. The S corporation can have a maximum of 35 stockholders.
What form of ownership is Ford motor company c corporation s corporation or llc?
s corporation
Can a proffessional corporation be an s corporation?
yes and no.
What is Geiger corporation 's population?
Geiger - corporation -'s population is 500.
In what year did Sprint Corporation - S - have its IPO?
Sprint Corporation (S)had its IPO in 2013.
What is the meaning of a S Corporation?
In the USA, a S Corporation is a corporation that basically pays no taxes. It takes its name from Subchapter S of Chapter One of the Inland Revenue Code.
Is an S Corporation a Non Profit?
No, the S Corporation is a profit corporation. Whenever they make loses or profits, it is usually divided among the shareholders.
When was Triple-S Management Corporation created?
Triple-S Management Corporation was created in 1959.
What is the population of Triple-S Management Corporation?
The population of Triple-S Management Corporation is 2,007.
What is Triple-S Management Corporation's population?
Triple-S Management Corporation's population is 424.
What is Marukai Corporation U.S.A.'s population?
Marukai Corporation U.S.A.'s population is 270.
