Question
When Congress enacted Subchapter S of the Code, it intended to give a certain group of corporations a break from the burden of double taxation.
When Congress enacted Subchapter S of the Code, it intended to give a certain group of corporations a break from the burden of double taxation. Based on the limitation that certain corporations cannot elect S status, what type of business do you think should avoid S status?
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The Official IRS Tax Guide To Auditing Horse Activities Prepare Your Horse Operation To Withstand An IRS Audit Using The Samw Manual IRS Agents Use
Authors: IRS
1st Edition
092934670X, 978-0929346700
