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McNulty and Burke's Federal Income Taxation of S Corporations, 3d

Imprint
Foundation Press
ISBN-13
9781636595986
Primary Subject
Tax-Corporate
Format
eBook
Copyright
2023
Series
University Treatise Series
Publication Date
10/20/2022
eBook - Digital access to the eBook, with the ability to highlight and take notes.

Description

This text provides a concise introduction to the taxation of S corporations and their shareholders. It explains the basic law and offers examples to focus the scope and application of the general principles. Topics include: electing and maintaining S status; shareholder-level taxation of income, loss, and distributions; use of shareholder debt; qualified subchapter S subsidiaries; and special taxes imposed on S corporations. More advanced topics are also addressed, including redemptions, acquisitions and dispositions, as well as the advantages and disadvantages of S corporations compared to partnerships. This third edition has been fully updated to reflect developments through June 2022.