S Corporations

Mtb8loFS corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. Shareholders of S corporations report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income tax rates. This allows S corporations to avoid double taxation on the corporate income. S corporations are responsible for tax on certain built-in gains and passive income at the entity level.

To qualify for S corporation status, the corporation must meet the following requirements:


We’re So Proud

Our Partners and Staff are proud to celebrate Aleksander’s achievement in obtaining his CPA designation. This significant milestone was achieved due to his career focus, hard work and dedication to the profession. We appreciate and applaud Aleksander’s tenacity and depth of knowledge in acquiring the CPA credential.

Aleksander joined our firm in 2016 as a Staff Accountant in our Tax Department. We look forward to Aleksander’s continued success as a valued member of our team.