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Questions to the tax desk.

Publication: The National Public Accountant
Publication Date: 01-DEC-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Q. If an entity wants to be classified as an S Corporation, do they have to file both a Form 8832, Entity Classification Election, and a Form 2553, Election by a Small Business Corporation?

A. Section 301.7701-3 permits entities who wish to be classified as an S Corporation to...

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