What does s corporation mean?
Definitions for s corporation
s corpo·ra·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word s corporation.
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Wikipedia
S corporation
An S corporation, 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. In general, S corporations do not pay any income taxes. Instead, the corporation's income and losses are divided among and passed through to its shareholders. The shareholders must then report the income or loss on their own individual income tax returns.
Numerology
Chaldean Numerology
The numerical value of s corporation in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of s corporation in Pythagorean Numerology is: 1
Examples of s corporation in a Sentence
My client’s corporation didn’t buy his boat, it never owned the boat. The boat was a personal asset. It had never been chartered or rented. It produced no income – only endless expenses – none of which were ever claimed on taxes.
One of the biggest examples of this is that.... the CEO of McDonald's Corporation stepped down... and part of that was because he was having a relationship with a subordinate, now, it didn't say it wasn't consensual or that they had any complaints about it or anything of that nature, but just the very nature of having that kind of relationship in this #MeToo time shows bad judgment.
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"s corporation." Definitions.net. STANDS4 LLC, 2023. Web. 28 Nov. 2023. <https://www.definitions.net/definition/s+corporation>.
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