An S corporation may revoke its subchapter S status by either failing to meet the conditions of eligibility for S corporations, or by filing with the IRS no later than two months and 15 days after ...

An S corporation, often called an S corp, is a specific corporation type that draws its designation from Subchapter S of the tax code. To start an S corp, a small business owner would start a C ...

Action Item: The City of Philadelphia is imposing its School Income Tax on City residents’ Subchapter S Corporation income, whether or not distributed. This is a departure from prior enforcement ...