Patricia, your reply:"For an S-Corp, you may report a California Relief Grant onForm 100Sas follows:Negative amount on 100S pg4-6Schedule F, Line 5, with approp...
Unfortunately, I found out that this is not how it works. VA adjusted gross income threshold is based on the income from all sources aka federal income. The fed...
I am dealing with this issue right now. My question is if an LLC revokes an S Corp election and makes an election to be revert back to be taxed as a sole propri...
