Corporate

Corporate tax news — from filing obligations to policy changes affecting businesses of every size.

  • SSSSSSS……

    ByKelly Phillips Erb

    Is that the sound of the air being let out of the tires of the growing trend towards S corporations? Perhaps.  The IRS announced plans on Monday, July 25, to randomly audit 5,000 S Corporation returns (federal forms 1120S) this year as part of a study to “assess compliance.”  In IRS speak, that means that…