Throughout this course, many discussion opportunities come up where you need to respond to other people’s opinions and comments. Address the discussion topic after you have completed your reading.

Corporation Election

Use your favorite search engine to find the IRS’ website; then locate and summarize the information required in making an S corporation election. Why do you think the IRS included these particular items as requirements?

This is a small business election. What portion of the requirements makes this a small business election? In other words, is there anything in the requirements that would make only small companies qualify?

Your postings should be qualitative and provide substantive depth that advances the Discussions.