- NY Credits : 1.0
- TX Credits : 1.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 1.0
S corporation status enables the owners of a closely held business to combine the legal and economic benefits of the corporate entity with a general exemption from income tax at the corporate level. This course introduces S corporations by exploring definitions, characteristics, nontax considerations, and tax advantages and disadvantages of operating as an S corporation. It is a high-level overview of topics unique to this type of entity.
Included with subscription(s):
Upon successful completion of this course, the user should be able to:
identify S corporation characteristics and taxation.