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A new corporation is formed on January 2,2017.In order to have the S election effective as of the first day of the first tax year,the Form 2553 must be filed no later than
Business Halt
A temporary or permanent cessation of operations of a company.
Partnership Liquidation
The process of ending a partnership by selling off assets, paying off liabilities, and distributing the remaining assets to partners.
Creditor Claims
Rights of creditors to the assets of a debtor in the case of default, bankruptcy, or liquidation.
Joy Partner's Withdrawals
Distributions of assets from a partnership to one of its partners, typically for personal use.
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