Problems with S elections frequently cause them to be invalid when made or to terminate. This article discusses four of the ...

The format of the consent form can mirror the consent statements that were included with the original S corporation election on IRS Form 2553, Election by a Small Business Corporation. Basically ...

When revoking its S corporation election, a company must either attach a statement notifying the IRS of the revocation to Form 1120-S for the final tax year of the S corporation, or submit the ...