Taxation of S corporations in a nutshell
By: by Douglas A. Kahn, Jeffrey H. Kahn, Terrence G. Perris.
Contributors: Kahn, Jeffrey H.; Perris, Terrence G.
Series: West nutshell series; Nutshell series
Publisher: Thomson/West
Published: 2008
Place of publication: St. Paul, MN
Language: eng
Number of pages: 231
ISBN-13: 9780314184924
Subjects: Subchapter S corporations -- Taxation -- United States; Small business -- Taxation -- Law and legislation -- United States
Description: "This book covers the following topics: the qualification requirements for a subchapter S election, the allocation of tax items among the shareholders, the effect of those allocations on a shareholder's basis in stock and debt, the limitations on the deduction of pass-through items, the treatment of corporate distributions, the voluntary and involuntary termination of subchapter S status, the treatment of the year in which a subchapter S election is terminated, the limited availability of certain subchapter S provisions after a subchapter S election is terminated, and the taxation of an S corporation's passive investment income and built-in gains."--Publisher's website.
Notes: Includes index.