Choice of Business Entity - S Corporations
Provider: CeriFi Checkpoint Learning
Taxes
1 CPE Credits
Basic
QAS self study
IRS EA Federal Taxation
S corporation status enables the owners of a closely held business to combine the legal and economic benefits of the corporate entity with a general exemption from income tax at the corporate level. This course introduces S corporations by exploring definitions, characteristics, nontax considerations, and tax advantages and disadvantages of operating as an S corporation.