A corporation may alternate between S corporation and C corporation status each year depending on which results in more tax savings.
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Q11: An S election is made on the
Q12: Liabilities affect the owner's basis differently in
Q13: An S election made before becoming a
Q14: A one-person LLC can be a shareholder
Q15: An estate may be a shareholder of
Q17: Distributions of appreciated property by an S
Q18: An S corporation cannot incur a tax
Q19: An S corporation's AAA can have a
Q20: NOL carryforwards from C years can be
Q21: Persons who were S shareholders during any
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