Another "jobs" tax bill?

Battersby, Mark E.
March 2005
Proofs;Mar2005, Vol. 88 Issue 2, p52
Trade Publication
Focuses on the impact of the American Jobs Creation Act of 2004 on the dental equipment and supplies industry in the U.S. Overview of the law; Benefits of the law to dental dealers or dental manufacturers operating as S corporations; Miscellaneous and the downside of the law.


Related Articles

  • Late Elections Relief. Josephs, Stuart R. // California CPA;Dec2007, Vol. 76 Issue 6, p16 

    The article discusses a new rule in the U.S. that enables taxpayers to request relief for late S corporation elections. Under Revenue Proclamation 97-48, one can obtain automatic relief if a corporation intends to be an S copy. It presents a definition of a domestic eligible entity under...

  • To Be Or Not To Be an S Corporation. BLACKMAN, IRVING L. // Modern Machine Shop;Sep2011, Vol. 84 Issue 4, p38 

    The article focuses on the advantages and disadvantages of electing S corporation status in the U.S. It emphasizes that owners of an S corporation are obliged to pay more income tax and any assets owned in the S election are subject to the Built-in-Gain Tax. It stresses that earnings of those...

  • New law brings S corp tax benefits to more biz owners. Grassi, Carl // Crain's Cleveland Business;1/10/2005, Vol. 26 Issue 2, p14 

    This article reports that since the provisions of Subchapter S corporations were added to the Internal Revenue Code in 1958, small business owners have been able to own a business in corporate form without incurring the corporate income tax that applies to traditional C corporations. In the...

  • New York Personal Income Tax for Part-Year Resident Partners. Rebhun, Brian J.; Karim, Khondkar E. // CPA Journal;Apr2006, Vol. 76 Issue 4, p49 

    The article discusses the personal income tax imposed by New York State Tax Law for a part-year resident individual based on the individual's taxable income that is derived from New York sources. Legislation has been enacted that will change the manner in which a partner of a partnership or a...

  • Liquidating C Corporation Dangerous to Your Wealth. McDevitt, Timothy J. // Journal of Financial Planning;Oct91, Vol. 4 Issue 4, p156 

    A number of C corporation clients still think that sale of assets and liquidation generates only one level of tax, because that was the case before the Tax Reform Act of 1986. At that time, the tax code permitted a corporation to avoid any tax at the corporate level and the proceeds were...

  • S CORPORATIONS. Loooney, Stephen R.; Walton, Deanna // Tax Lawyer;Jun2002, Vol. 55 Issue 4, p1269 

    Focuses on developments on the taxation of S corporations in the U.S. Applicability of the regulations issued by the Internal Revenue Service relating to deemed and actual acquisitions to S corporations; Summary of cases and rulings on accounting periods and tax years; Guidance issued by the...

  • S CORPORATION. Roark, Bill; Roark, Ryan // Concise Encyclopedia of Real Estate Business Terms;2006, p131 

    A definition of the term "S corporation" is presented. Sometimes called a Subchapter S corporation, S corporation is a corporation that has elected to be taxed similar to a partnership. The owners is an S corporation are treated for tax purposes in a manner such that profits or losses flow...

  • SOLE PROPRIETOR VS. LLC VS. S-CORPORATION. Bowman, Margo // Massage Magazine;Feb2008, Issue 141, p58 

    The article offers information about sole proprietorship, Limited Liability Corporation (LLC) and Subchapter Corporation (S-Corporation). It is stated that small-business owners usually use the Schedule C form for both sole proprietor and a single member LLC who has not opted for a difficult...

  • The Use of Compensation for Tax Avoidance by Owners of Small Corporations. Geisler, Gregory G.; Wallace, Sally // Journal of the American Taxation Association;Spring2005, Vol. 27 Issue 1, p73 

    This study provides empirical evidence on the extent to which taxes influence owners' compensation in small (fewer than 500 employees) Subchapter S-electing corporations (S corporations), taxable corporations that provide professional services (PSC corporations), and other taxable corporations...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics