Entries tagged “s-corp”
The Criteria for Being Classified as an S-Corporation
insights 
Michael Moradzadeh · February 1, 2010
In order to be classified as an S-Corporation, a company must: be domestic, have no more than 100 shareholders, have one class of stock, all shareholders must be individuals, decedents’ estates, bankruptcy estates, trusts or tax-exempt charitable organizations, or wholly owned by another S corporation, and all shareholders must be residents of the United States…
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