How to Form Your Own S" Corporation...

Starting and growing a business is hard enough without incurring the double taxation of a "C" corporation. Those forming an "S" corporation are taxed only once -- at the personal income tax rate. This completely updated reference offers step-by-step instructions and forms to save money and protect personal assets by forming an "S" corporation.It explains in detail how to apply for "S" corporation status for either a new or existing small business. It includes all the forms needed along with easy-to-use instructions and sample year-end tax documents for an "S" corporation."S" corporation benefits include these lucrative, money-saving opportunities: -- avoid corporate tax-- find a personal tax shelter-- own "S" corporation investments-- sell property tax-free to an "S" corporationAll new and updated information includes: details on the recent Small Business Job Protection Act, state requirements for "S" corporation eligibility, as well as detailed pros and cons of "S" corporations versus limited liability companies (LLCs).Nicholas, Ted is the author of 'How to Form Your Own S" Corporation...' with ISBN 9780936894942 and ISBN 0936894946.