• October 2018
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What is the S’ Corp Election?

S Corp Election is a type of corporation that satisfies IRS requirements allowing it to be taxed under Subchapter S of the Internal Revenue Code, and which permits a company with fewer than 100 shareholders to be taxed as a partnership, meaning that any profits earned b are not taxed at the corporate level, but pass through to the individual shareholders.

Source: The Startup Dictionary

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