What S CORPORATIONS means: A type of small business corporation that generally pays no tax. Instead, shareholders of an S corporation report their share of the corporation's income, gain, losses, and credits on their individual returns.
- Definition Stock Split:
- Dictionary of stock distributed to shareholders at no cost. The number of shares received are a ratio of the shares owned. The basis of the original shares is generally apportioned equally to the total shares s corporations definition.
- Definition SEP:
- Dictionary See Simplified Employee Pension s corporations explain.
- Definition Simplified Employee Pension (SEP):
- Dictionary An arrangement under which an employer makes contributions to an employee's individual retirement account (IRA), or a self-employed person contributes to his own plan s corporations what is.
- Definition Short-Term Gain Or Loss:
- Dictionary Gain or loss on the sale or exchange of a capital asset held one year or less s corporations meaning.
How works S Corporations meaning in Tax definitions S .