The S corporation answer book (The Panel answer book series)

By Traum and Sydney S Traum

This quick-reference manual lets you help clients take full advantage of their S Corporation status & minimize their taxes. It leads you directly to authoritative information on every aspect of the S corporation, enabling you to: Take full advantage of the 1997 Taxpayer Relief Act Arm the S corporation against the potential tax traps hidden in the Small Business Tax Protection Act Maximize the tax benefits of S corporation status Identify dispositions that will trigger the built-in gains tax Avoid added tax liability or loss of S corporation status from passive investment income Capitalize on the permissible differences in stock rights to facilitate estate planning & ownership transfers Determine allocation of income, losses, & deductions in the termination year of the S corporation Plus, there are citations to the controlling rules, regulations, & court decisions that will save you hours of research.

• Format: Hardcover
• Language: English
• ISBN: 1567060463
• ISBN13: 9781567060461
• Release Date: January 1994
• Publisher: Panel Publishers
• Weight: 2.28 lbs.