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Tag: s-corp

Does my Company Lose its S-Corp Election if a Shareholder Dies?

By: Ithi Joshi Joshi is an Associate at Dunlap Bennett & Ludwig’s Vienna Office. [Sep. 24, 2020] S-Corp tax treatment continues to be a popular choice for many business corporations as they seek favorable tax treatment of business income. The S-Corp status helps a corporation lessen its tax consequences by having income taxed at the individual, shareholder level… Continue reading Does my Company Lose its S-Corp Election if a Shareholder Dies?

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