This manual is based on a seminar that took place in Honolulu, Hawaii on the topic S Corporations: Tax And Non-Tax Issues. This manual will provide you with a greater understanding of the legal and tax considerations of various business entities with an
emphasis on S Corporations. Detailed information regarding the
operations and taxation of S Corporations will further develop your
awareness of the advantages and disadvantages of S Corporations.
Some of the highlights include: Overview of small business entity choices,
Eligibility requirements for electing S corporation status, Taxation of S corporation, Taxation of built-in gains and excess net passive investment income
and Succession planning issues.


