Tag: federal tax

Tax Code, Regulations and Guidance

Estate Planning 2023 Federal Tax Update

January 3, 2023

Via: JD Supra

As we start the new year, this Federal Tax Update highlights estate planning-related federal tax information that may be helpful as you consider planning options for 2023. Because Congress could pass legislation that changes this information during the year, you […]

Tax Code, Regulations and Guidance

What Is an S Corporation? The Beginner’s Guide

July 21, 2020

Via: Fit Small Business

An S corporation (S-corp) is a federal tax designation that Congress created so small businesses could receive favorable tax advantages. An LLC (limited liability company) or corporation can elect S corporation status with the IRS, but there are requirements. To […]