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Recent Questions and Answers
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Recent S Corporation Tax News:
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A lawyer acting for victims of phone hacking at the now-closed News of the World newspaper said Friday he has begun moves to take legal proceedings against its US parent company News Corp.
LONDON/NEW YORK (Reuters) - The board of News Corp was threatened with legal action in the United States by a British lawyer acting for phone-hacking victims, potentially opening a new legal front against the company.
LONDON - Lawyers from the U.S. and Britain said Friday they are looking to see if American courts can take up a case against Rupert Murdoch's News Corp. on behalf of British phone hacking victims.
Lawyers from the U.S. and Britain said Friday they are looking to see if American courts can take up a case against Rupert Murdoch's News Corp. on behalf of British phone hacking victims.
McDonald's Corp. is raising its quarterly cash dividend from 61 cents to 70 cents.
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Additional S Corporation Tax Resources:
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1.
S Corporations
Generally, an S corporation is exempt from federal income tax other than tax on certain capital gains and passive income. On their tax returns,
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2.
Forms - S Corporation
Generally, an S corporation is exempt from federal income tax other than tax on certain capital gains and passive income.
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3.
Treasury and IRS Issue Guidance on S Corporation, Tax Exempt
"These transactions are structured to eliminate tax on certain S corporation shareholders by inappropriately shifting income to a tax-exempt organization.
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