A C Corporation Was Formed Five Years Ago and Is

question 80

Multiple Choice

A C corporation was formed five years ago and is a fiscal-year taxpayer with a June 30 year-end. The C corporation wants to make an S election for its tax year beginning in the current year. The election must be made by ________ (assuming permission can be obtained to continue using the fiscal year from the IRS) .

• A)June 30 of the current year
• B)September 15 of the current year
• C)June 30 of the next year
• D)September 15 of the next year

Assess the impact of political changes on nonprofit legislation.

Compare different organizational structures within the nonprofit and social enterprise sectors.

Understand the basic concepts and terminology related to ethology and instinctive behaviors.

Describe the properties, functions, and examples of fixed action patterns and other instinctive responses.

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Definitions:

Decrease Font Size

The action of reducing the font size in a text document or application, making the text smaller and potentially harder to read.

Font Size

The size of the characters in a piece of text, measured in points or pixels, which affects the readability and visual impact of the text.

Desired Font

A specific style and size of typeface chosen for text to achieve a particular look or readability.

Color Gallery

A tool or feature in software applications that provides a selection of colors for user interface design, artwork, or document formatting.