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Free Weekly Tax eNewsletter
Thursday, September 9, 2010
Article of the Month
There are various forms under which an individual or group of people can choose to establish a business. One such form is a corporation. There are two different types of corporations: a C corporation and an S corporation. Unlike other business structures, a C corporation is a taxable entity that is separate from the individual or individuals who own it. A C corporation is frequently created to shield the shareholders from liability. While it is easy to establish a C corporation without recognition of gain, it is not as easy to transfer assets out of the corporation without tax. >> More
FEATURED ARTICLES
Bill Russell grew up on the Great Plains. During his youth, he was a rodeo bull rider, and gained fame as "Wild Bill" for his daring exploits. But Wild Bill was an artist at heart and soon decided to move on to his artistic pursuits. >> More
ORG was formed and funded by Founder and is tax-exempt under Sec. 501(c)(3) and classified as a private foundation. ORG intends to invest some of ORG's assets in the Investment Trust, a registered investment company offering two investment portfolios, a growth fund and a total return fund. >> More
OTHER ARTICLES
Washington Hotline
  • President Urges Passage of Small Business Tax Relief
  • Returning Congress Takes Up Taxes
  • Case of the Week
  • Wild Bill Russell Donates to the Cowboy Museum
  • Article of the Month
  • Using Charitable Gifts in Business Planning – The S Corporation
  • Private Letter Rulings
  • Display of Art is Not Self-Dealing
  • BILLS/CASES/IRS
  • Tax Cases
  • Bills Pending In Congress
  • Internal Revenue Code/Regulations
  • Revenue Procedures/Notices
  • Revenue Rulings

  • The content in these articles does not reflect the views or opinions of the charitable organization.
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