The Subchapter S status of a calendar year corporation is statutorily terminated on August 12, 2014. The
Question:
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
If a Subchapter S corporations election is statutorily terminated the termination i...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Fundamentals Of Taxation 2015
ISBN: 9781259293092
8th Edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone
Question Posted:
Students also viewed these Accounting questions
-
A calendar year corporation has substantial accumulated E & P, but it expects to incur a deficit in current E & P for the year due to significant losses in the last half of the year. A cash...
-
A calendar year corporation properly files a Subchapter S election on January 10, 2016. On what date is the election effective? What if the election were filed on June 1, 2016?
-
A calendar year corporation properly files a Subchapter S election on January 10, 2015. On what date is the election effective? What if the election were filed on June 1, 2015?
-
Find the dy/dx for the following 3 2x+1.2x+1 (x +1)4 1- y=-
-
You are provided with the following balance sheet information and summarized income statement for Katrime Ltd.: All sales are credit sales. Accounts payable pertains exclusively to the purchase of...
-
Amazon.com, Inc.s financial statements are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in Appendix E. Instructions for accessing and using the complete annual...
-
Your colleague is excited about your good fortune (Problem 3.1) at work, but she only got the promise of a watch or \($300\) cash. You convince her that she will be better in the long run by just...
-
A partial list of the accounts and ending account balances taken from the post closing trial balance of the Jordan Corporation on December 31, 2007 is shown as follows: Account Title Amount Retained...
-
For 2014, Nichols, Inc., had sales of 150,000 units and production of 200,000 units. Other information for the year included: Direct manufacturing labor 187,500 Variable manufacturing overhead...
-
Philagem, Inc., ended 2012 with a net profit before taxes of $218,000. The company is subject to a 40% tax rate and must pay $32,000 in preferred stock dividends before distributing any earnings on...
-
A calendar year corporation properly files a Subchapter S election on January 10, 2014. On what date is the election effective? What if the election were filed on June 1, 2014?
-
Multiple Choice Questions 1. Which of the following statements is correct? a. A calendar year corporation must file its tax return no later than April 15 unless it requests an extension. b. A...
-
Speculate on why the lower part of the lithosphere is rigid and the asthenosphere is plastic, even though they are both part of the mantle.
-
A writ of execution is issued before the entry of a final judgment. (True/False)
-
Aksel owns Parkside Caf, which he uses as collateral to borrow $10,000 from First State Bank. To be effective, the security agreement must include a. a description that reasonably identifies the...
-
Damages recovered in a shareholders derivative suit are normally paid to the shareholder who brought the suit. (True/False)
-
Luna Boutique had a dress code that required its male salespersons to wear slacks, a shirt, and a necktie. Female salespersons were required to wear a black smock. Melissa, a female employee, refused...
-
Federated Products Corporation uses cumulative voting in its elections of directors. Mary owns 3,000 Federated shares. At an annual shareholders meeting at which three directors are to be elected,...
-
Match the graphs of the functions in Exercises to the systems of level curves shown in Figs. 8(a)(d). Figure 8 (a) +r DL 8 (b) (c) (d)
-
Distinguish among total-moisture content, free-moisture content, equilibrium-moisture content, unbound moisture, and bound moisture.
-
Big Bull restaurant employs twenty-three employees who receive tips. During the current year, Big Bull has $410,000 in gross revenues, and its employees do not report any tip income. In what ways may...
-
Harold Conners (Social Security number 785-23-9873) lives at 13234 DeMilo Drive, Houston, TX 77052, and is self-employed for 2014. He estimates his required annual estimated tax payment for 2014 to...
-
Go to the IRS website (www.irs.gov) and redo Problem 5 using the most recent interactive Form 1040-ES. Print out the completed Form 1040-ES.
-
As a precaution, the levers on gasoline pumps in many provinces in Canada must be manually operated at all times. One of the reasons for this is especially relevant in the winter time because the...
-
7. A transformer core is shown in cartoon form in Figure 8.26. This is made up of, perhaps implausibly, 29 gage M-36 laminations: the same sort of material described by Figures 8.19 and 8.20. Assume...
-
2. For a lamp that has a total luminous flux, of 4.5104 lm and total radiant flux, of 300 W, (a) what is the overall luminous efficiency, K for this lamp? (b) if this lamp has a luminous intensity of...
Study smarter with the SolutionInn App