S-corporations

Tax

AICPA Nixes Proposed Tax Reforms for Pass-through Entities

The more Congress tries to simplify the tax code, the more complicated things seem to get. At least that's what the American Institute of CPAs (AICPA) believes about a proposal to consolidate the myriad of tax rules for pass-through entities.
Tax

S-Corporations Pay Highest Effective Tax Rates

A study released by the National Federation of Independent Business (NFIB) and the S-Corporation Association on August 7 shows that S-corporations pay the highest effective tax rates of any type of business.