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S corporation - Wikipedia
An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code.
What Is An S Corp? – Forbes Advisor
S-Corp Defined. Is an S-Corp Right for Me? Alternatives To Consider. Bottom Line. Frequently Asked Questions. For businesses that qualify, electing “S-corp” status could lead to...
What Is an S Corp? Definition, Taxes, and How to File - Investopedia
An S corp (or S corporation) is a business structure that is permitted under the tax code to pass its taxable income, credits, deductions, and losses directly to...
S corporations | Internal Revenue Service
S corporations. S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. Shareholders of S corporations report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income tax rates.
What is an S corp? Definition, pros and cons - USA TODAY
An S corp is an organization that has chosen to pass its tax burden to its shareholders, rather than report income, losses, deductions and credits directly to the Internal Revenue Service (IRS)....
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