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v. t. e. An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code. [1] In general, S corporations do not pay any income taxes.
For United States income tax purposes, a business entity may elect to be treated either as a corporation or as other than a corporation. [1] This entity classification election is made by filing Internal Revenue Service Form 8832. Absent filing the form, a default classification applies. U.S. corporations of the type that can be publicly traded ...
The elections for secretary of state had taken on heightened importance due to former President Donald Trump's baseless claims that the 2020 election was stolen. Many had argued that election officials such as secretaries of state could have the power to overturn the 2024 election, should its outcome be disagreeable to the losing candidate. The ...
A primary election will take place on Oct. 24 with the special election set ... Two high-profile Columbia-area Democrats are among those jumping into the race to succeed late state Sen. John Scott ...
Ohio Secretary of State Frank LaRose announced in June that over 150,000 Ohio voters were eligible to be removed from the statewide voter registration database in a series of "election integrity ...
The 2024 Texas's 18th congressional district special election is a special election that will be held on November 5, 2024, [1] to choose a new member of the U.S. House of Representatives. The seat became vacant when incumbent Rep. Sheila Jackson Lee died on July 19, 2024.
Most corporations are, however, incorporated under the influential Delaware General Corporation Law. United States corporate law regulates the governance, finance and power of corporations in US law. Every state and territory has its own basic corporate code, while federal law creates minimum standards for trade in company shares and governance ...
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