S Corporation Taxation Guide 2005

The 2005 S Corporation Taxation Guide gives you a complete roadmap to all ofthe money saving strategies available involving S Corporations, now the most popular entity for closely held business. While changes in the law over the last few years have helped to make this entity an even better tax-savings structure, these tax relief measures are complex and confusing.The 2005 S Corporation Taxation Guide uses extensive examples to illustrate both simple and complex situations. In areas where authorities do not provide clear guidance, the author constructs plausible courses of action, with appropriate analysis. The 2005 S Corporation Taxation Guide focuses on the rules of Subchapter S of the Internal Revenue Code and integrates these rules with other portions of the tax law, which can have important effects on S corporations and their shareholders. At the end of each chapter are pertinent checklists, worksheets and sample election letters.