I'm working on a paper in regards to the Taxation of Business Entities. In order to tailed explanations the following:

-Define a 'dividends received deduction (DRD).

-Explain the tax treatment for each (A, B, and C.) if corporation (A) distributes a dividend to each of its shareholders (B and C). B- 49% ownership C- 51% ownership

-If a partner cannot practicably determine their outside basis by applying the general rules of the Internal Revenue Code, what alternative rule does the partner have? Give details as to how the alternative works.

-On Schedule K-1, there is a place for the partnership to indicate to the partner the partners share of the partnerships qualified nonrecourse financing. Why would a partner need to know this amount? Explain and give an example scenario if possible.

-If a partnership has a C corporation as a partner, is the partnership allowed to use the cash method of accounting? Explain.

-In the Pritchett case, the court held that the limited partners in a limited partnership were still at risk for a partnership liability. What provision of the partnership agreement did the court rely on to determine that the limited partners were at risk even though they were limited partners?

-In the Thor Power Tool case, the taxpayer kept its books according to GAAP. The Tax Court and other courts agreed that the taxpayer properly complied with GAAP. Why, then, did the taxpayer lose this case?

-What required for a corporation to be able make an S election?

-Why is depreciation listed twice on Schedule M-1 of an S corporation tax return? (once on line 3 and once on line 6)?

-I understand that an S corporation is a pass-through entity, so why does a section for tax calculation listed at the bottom of page 1 of Form 1120-S?

-How does a shareholder treat a stock dividend received from a C-Corporation? Explain in detail.

-What is the deadline for filing an S-corporation tax return?

-Is it permitted for a single-member LLC to be an eligible shareholder of an S corporation? Explain, why or why not.