Talk:S corporation

This article has not yet been rated on Wikipedia's content assessment scale. It is of interest to the following WikiProjects:

Please add the quality rating to the {{WikiProject banner shell}} template instead of this project banner. See WP:PIQA for details. Business Mid‑importance This article is within the scope of WikiProject Business, a collaborative effort to improve the coverage of business articles on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.BusinessWikipedia:WikiProject BusinessTemplate:WikiProject BusinessWikiProject Business Mid This article has been rated as Mid-importance on the project's importance scale. Please add the quality rating to the {{WikiProject banner shell}} template instead of this project banner. See WP:PIQA for details. Law Mid‑importance This article is within the scope of WikiProject Law, an attempt at providing a comprehensive, standardised, pan-jurisdictional and up-to-date resource for the legal field and the subjects encompassed by it.LawWikipedia:WikiProject LawTemplate:WikiProject Lawlaw Mid This article has been rated as Mid-importance on the project's importance scale. Taxation (inactive) This article is within the scope of WikiProject Taxation, a project which is currently considered to be inactive.TaxationWikipedia:WikiProject TaxationTemplate:WikiProject TaxationTaxation Please add the quality rating to the {{WikiProject banner shell}} template instead of this project banner. See WP:PIQA for details. United States Mid‑importance This article is within the scope of WikiProject United States, a collaborative effort to improve the coverage of topics relating to the United States of America on Wikipedia. If you would like to participate, please visit the project page, where you can join the ongoing discussions. Template Usage Articles Requested! Become a Member Project Talk Alerts United StatesWikipedia:WikiProject United StatesTemplate:WikiProject United StatesUnited States Mid This article has been rated as Mid-importance on the project's importance scale.

Archives (Index)

2011 2012 2013 2014 2015 2016

This page is archived by ClueBot III.

If anyone still has questions about S corporations, please post them and I will answer with citations.

Grimmbusiness (talk) 10:53, 22 May 2015 (UTC)[reply]

I'd say it's still disputed, but I just stumbled across this ... The page is clearly incorrect in many factual aspects. An S corporation isn't a corporation at all. Subchapter S is the portion of IRC that allowa a tax election under federal tax law. Subchapter S applies to C corporations and non-corporations as well, such as LLCs. There is no clarification of this anywhere in the article. A reasonable person comes away with the strong impression that an S corporation is an actual corporation and not a federal tax election. The article is written as if every S corporation is a corporation. It's not.

hello ı am a student ın T.R.N.C. I want to ask a questıon what ıs the benefits of small busıness? —Preceding unsigned comment added by 212.175.149.55 (talk • contribs) on 28 December 2005.

It is my understanding that an S-corporation can have no more than 75 shareholders —Preceding unsigned comment added by 151.205.120.103 (talk • contribs) on 21 May 2006.

100 or more is past the limit —Preceding unsigned comment added by 71.98.164.140 (talk • contribs) on 6 July 2006.

You should take an English or Grammer class. —Preceding unsigned comment added by 170.146.91.6 (talk • contribs) on 11 September 2006.

The limit used to be 75, however, recently, this was changed to 100.

Maybe you should take a class as well. First, the correct spelling is grammar, not grammer. Second, your sentence structure should read:

"The limit used to be 75, however, this was recently changed to 100." —Preceding unsigned comment added by 66.123.228.107 (talk • contribs) on 26 December 2006.

Correct, the limit for shareholders is 100 ^[1]RAKinsler (talk) 00:35, 31 December 2014 (UTC)[reply]

Shouldn't the intro be modified to make clear not all LLCs are S corps? How's this language, "An S corporation or S-corp is a corporation, some limited liability companies, or other ..." —The preceding unsigned comment was added by Have Gun, Will Travel (talk • contribs) 19:26, 23 January 2007 (UTC).[reply]

Actually, I would argue that the language is merely listing the kinds of entities that could elect to be S corps. Maybe we can come up with some kind of language that makes clear that many LLCs are treated as partnerships for Federal income tax purposes. Stay tuned. Yours, Famspear 19:42, 23 January 2007 (UTC)[reply]

An LLC is not a corporation. "An LLC is not a corporation. ...", limited liability company. I don't see anything in the statue which suggests that a LLC can make a Subchapter S election. ``97.64.209.102 I have changed the "Qualification for S corporation status" section accordingly. 25 October 2013 (UTC)Terry Thorgaard (talk) 22:52, 25 October 2013 (UTC)[reply]