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Yes, a Professional Corporation (PC) can elect to be taxed as an S Corporation (S-Corp) by filing Form 2553 with the IRS. This allows the PC to benefit from pass-through taxation, meaning that income is not taxed at the corporate level but rather at the shareholder level. However, there are specific eligibility requirements that must be met, including limits on the number of shareholders and who can be a shareholder. It's important to consult with a tax professional to ensure compliance with all regulations.
What else can I help you with?
What is PC maintanance?
If a PC is running slowly or not running at all, PC maintenance will be done to bring it up to speed
What does PC mean after a company name?
public company quoted on the stock exchange
How do I know if I am approved for a PC Richards and Son credit card?
I meant to say PC Richards and son credit card
Where can one find more information on PC banking?
If one is interested in finding more information about PC banking there is a wealth of information available on the Presidents Choice banking website."PC Financial". The company offers bank accounts, credit cards, mortgages, investments and loans.
What does PC stand for after a corporation name?
professional corporation
What is Scorpio's nickname?
Scorp
Which are the good mkv movie uploaders in small size like 'scOrp' and 'mkvguy'?
here are the best uploaders with gr8 quality and small size.... scorp pluto mkvguy riddlera ziki11 goku61 ripper YIFY sun dgr81hunt Shaanig Sujaidr bzingaz
What are the release dates for Skylanders Boomcast - 2013 Scorp Woodburrow and Dark Edition Starter Pack 1-5?
Skylanders Boomcast - 2013 Scorp Woodburrow and Dark Edition Starter Pack 1-5 was released on: USA: 1 November 2013
What is the most harmless pet scorpion you can own?
That would be the Emperor scorpion, it's a good beginner scorp -J
What is a good nicknames for the Pokemon skourpi?
1 . Sting 2. SCORCH 3.PIn 3.SCORP 4.PIOSINATER 5.Arach
Who would win ryu and ken or scorpion and subzero?
Wow i mean this is a tough one. I know a lot of people may disagree with me but i got go wit scorp and sub. Simply because ryu and ken they arent killers,scorpion is already dead, subzero is an ice deity. It would be the greatest match ever and ken and ryu would put up one hell of a fight. But wat would really make it hard 4 scorp n sub if ken and ryu go into one of their modes like god mode or evil mode. But mk is beter anyway so scorp and sub wins
What happens if a Capricorn woman marries a Scorpio man?
None of this is based on fact. If you love him that is what is important.
What is the net worth of scorp dezel?
As of my last update in October 2023, Scorp Dezel's net worth is not publicly disclosed and varies across different sources. Estimates suggest it could be in the range of several hundred thousand dollars, but exact figures can fluctuate based on his music career, business ventures, and other factors. For the most accurate and current information, it's best to check recent financial news or celebrity net worth websites.
What has the author J Ross Arnold written?
J. Ross Arnold has written: 'SCORP study final report' -- subject(s): Recreation, Recreational surveys, Management, Recreation areas, Research
What makes a PC a PC?
PC P.Personal C.Computer Personal Computer (PC)
The computer term PC stnds for?
Personal Computer (PC).Personal Computer (PC).Personal Computer (PC).Personal Computer (PC).Personal Computer (PC).Personal Computer (PC).
What are the top 10 most popular PC magazines in the US?
PC Magazine, PC World and Family PC are among the top ten most popular PC magazines in the US. Others are: PC Advisor, PC Gamer, PC and Tech Authority, Wired, Laptop, Maximum PC and PC Computing.
