To make an S election effective as of the beginning of the current year, an S corporation must file IRS Form 2553 within three and a half months after the beginning of the year.
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Q1: Differences in voting powers are permissible across
Q2: An S corporation can use a noncalendar
Q3: Publicly traded corporations cannot be treated as
Q4: The specific identification method and monthly allocation
Q5: S corporations face the same restrictionsas partnerships
Q7: If an S corporation never operated as
Q8: Like partnerships, S corporations generally determine their
Q9: An S corporation election may be voluntarily
Q10: An S corporation can make a voluntary
Q11: The same exact requirements for forming and
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