S-corporation must be elected

An S-corporation is a type of United States corporation which must be elected. The entity is a flow-through entity that has some of the same characteristics of a Loss Attributing Qualifying Company (LAQC), however, the S-corporation enables profits to flow through to...

Self-employment tax on S-corporations

Self-employment tax was previously not imposed on income derived from an S-corporation*. Due to abuse. this is to change, leading to controversy over why an individual should incorporate at all when the income from an S-corp flows through to the individual. *An...
Subscribe to our newsletter

Subscribe to our newsletter

Receive the latest US and NZ tax news, insights and updates every month.

Your subscription is now active. Look out for our next newsletter.