U.S. Income Tax Return for an S Corporation is used to report the income, losses, and dividends of S corporation shareholders ...

The decision to file an S election requires consideration of the tax year to be used by the S corporation. At the time  Form ...

U.S. persons who invest in foreign activities often have U.S. reporting obligations. A common international reporting requirement for many U.S. persons is IRS Form 5471, Information Return of U.S.

What Is an S Corp? An S Corporation is a specific type of corporation that is designed to avoid the double taxation issue that regular corporations (C Corporations) face. S Corp elects to pass ...

The IRS has released a draft form and draft instructions to the form for the corporate alternative minimum tax (AMT). The draft instructions provide a safe harbor, simplified method for determining if ...

The IRS may grant you the S Corp election for the current tax year if you demonstrate reasonable cause for missing the due date. If you were looking forward to the tax advantages of electing S ...