On December 31, 2023, LS Corporation revoked its S election. LS Corporation had been an S corporation

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On December 31, 2023, LS Corporation revoked its S election. LS Corporation had been an S corporation since its inception in 2018. When may LS Corporation reelect S corporation status without IRS consent?

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Intermediate Accounting Volume 2

ISBN: 9781119740445

13th Canadian Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy

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Posted Date: Apr 07, 2024 02:42 PM

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On December 31, 2023, LS Corporation revoked its S election. LS Corporation had been an S corporation

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Once an S corporation revokes its S corporation status it cannot ree... View the full answer

Intermediate Accounting Volume 2

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