PRE-ORDER This handbook provides attorneys with the practical and procedural knowledge needed to distinguish S Corporations from other forms of business organization and understand the tax consequences, regulatory landscape, and management approaches applicable to these pass-through entities.
PRE-ORDER
Attorneys facing issues related to forming, utilizing, and maintaining an S Corporation will find this handbook an invaluable resource. Its four chapters cover everything from what must be considered before electing S Corporation status to sustaining an S Corporation after election and how passive loss rules apply to an S Corporation and its shareholders. This practice guide also includes forms for a qualified subchapter S trust election, electing small business trust election, shareholders’ consent to S election, and revocation of S election.
Chapter 1 — Considerations In Electing S Corporation Status
Anthony J. Jacob, Hinshaw & Culbertson LLP, Chicago
Chapter 2 — Electing S Corporation Status
Janelle N. Darnell, McGuireWoods, Chicago
Chapter 3 — Operating and Maintaining the S Corporation
Alexander N. Loftus, Loftus & Eisenberg, Ltd., Chicago
Chapter 4 — Passive Loss Rules: Application to an S Corporation and Its Shareholders
Paul S. Drizner, Seyfarth Shaw, LLP, Chicago