Articles > Business magazines > Management magazines > Statistics of Income. SOI Bulletin articles > March 2004

Article: S corporation returns, 2001.

Article from:
Statistics of Income. SOI Bulletin
Article date:
March 22, 2004
Author:
Copyright

S corporations continue to be the most prevalent type of corporation filing Form 1120, U.S. Tax Return for a Corporation. For Tax Year 2001, about 58.2 percent of all corporations filed a Form 1120S. The total number of returns filed by S corporations for Tax Year 2001 increased 4.4 percent to nearly 3.0 million, from nearly 2.9 million reported in Tax Year 2000. S corporations became the most common corporate entity type in 1997. Since then, S corporation return filings have increased 29.5 percent.

The growth of S corporation returns was encouraged by four legislative acts: the Tax Reform Act of 1986, the Revenue Reconciliation Act of 1990, the Revenue ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Is it time to change your tax year?
Area Development Site and Facility Planning;  July 1, 1998 ;     700+ words ... ... in a business operation's tax year must occur for a business purpose ... regulatory agencies to adopt a tax year other than the one they want ... S. tax laws, the Intemal Revenue Code, a company's tax year must correspond with its annual ...

Article: S corporation tax year rules.
The Tax Adviser;  April 1, 2009 ;     700+ words ... ... first day of the requested tax year; or 3. A certain 52 ... requested business-purpose tax year cannot be established ... Section 1362 of the Internal Revenue Code), it simultaneously applies for a tax year. The entry of a month ...

Article: IRS explores exceptions for exec comp.(Internal revenue ...
Accounting Today;  September 22, 2008 ;     700+ words ...In the world of executive compensation, Internal Revenue Code Section 162(m) limits the deduction that a publicly held corporation can claim in any tax year for compensation paid a top executive to $1 million, with several exceptions. Two ...

Article: Using short-term losses to offset your long-term gains.(Financial ...
Accounting Today;  January 12, 2004 ;     700+ words ... ... capital gains. Under Internal Revenue Code [section] 1(h)(4) and ... capital gain. Example 1: In the tax year ending Dec. 31, 2002, your ... short-term capital loss for a tax year (including a net short-term ... account for the part of the tax year after May 5, 2003 ...

Article: Editor's Report.(Internal Revenue Code)(Editorial)
Construction News;  November 17, 2008 ;     700+ words ... ... purchased by the taxpayer in a tax year beginning in 2008. Absent this ... service by the taxpayer during the tax year exceeds $800,000. According ... relevant section in the Internal Revenue Code. Section 179 property is generally ...

Article: The End Is Near! Section 409A Compliance Is Required By Year's ...
Mondaq Business Briefing;  December 19, 2008 ;     700+ words ... ... Congress added Section 409A to the Internal Revenue Code to curb the perceived tax abuses of nonqualified ... arrangement with amounts or benefits earned in one tax year and paid in a future tax year. Under the regulations, all nonqualified deferred ...

Article: The Sometimes Hidden Implications of Section 382.(Internal ...
Mondaq Business Briefing;  March 2, 2004 ;     700+ words ... ... net operating loss carryforwards, was added to the Internal Revenue Code in 1954 and significantly revised in 1986. Since then, both ... not in a position to use any of their losses in the current tax year. Therefore, a Section 382 analysis does not appear to be ...

Article: Tax-free trades: simple concept, sticky rules. (Internal ...
The National Public Accountant;  June 1, 1994 ;     700+ words ... ... recognized at the time of sale. Under Section 1031 of the Internal Revenue Code (IRC), however, gain may be deferred if "like-kind ... including extensions, of the taxpayer's tax return for the tax year in which the transfer occurred.(2) Both dates are critical ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives