S-Corporation
Business · Reinvent NY glossary
An S-Corporation is a tax election (not a business entity type) that allows corporate income to pass through to shareholders' personal tax returns, avoiding double taxation. To qualify, the company must have fewer than 100 shareholders, all of whom must be US citizens or permanent residents — foreign nationals on E-2, H-1B, or other nonimmigrant visas generally cannot be S-Corp shareholders. This limitation is important for international entrepreneurs. The S-Corp election is made by filing Form 2553 with the IRS.
Related Terms
Related Articles
- →Land Investment in the USA 2026: Risks and Returns
How raw land investment works in the US: zoning and entitlement risk, holding costs with no income, financing limits, and where returns actually come from.
- →Vacation Rental Management 2026: Systems That Scale
Transform your short-term rental from a side hustle into a data-driven asset class. Learn modern strategies to maximize profitability and scale operations.
- →Tenant Screening in the USA 2026: Legal Checks & Limits
Master US tenant screening: credit reports, background checks, income verification, and the state and federal legal limits landlords must follow in 2026.
- →LLC for Real Estate Investing 2026: Tax & Liability Benefits
Form an LLC to shield assets and lower taxes in US real estate investing. Learn the steps, costs, and legal protection strategies for investors.
Keep reading
Setting a company up in the US?
Talk to us about it