The S Corporation Revision Act of 1999 is targeted to these small businesses by improving their access to capital, preserving family-owned business, and lifting obsolete and burdensome restrictions that unnecessarily impede their growth.
Discussion on the S Corporation Revision Act of 1999 and its benefits for small businesses.
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More from E. Clay Shaw, Jr.
The bill helps preserve family-owned businesses by counting all family members as one shareholder for purposes of S corporation eligibility.
Ms. Norton, one-seventh of this economy he turned over to Mrs. Clinton to write a health care bill. She did that in less than a year. You have admitted, or you have stated very forcefully, that there is a welfare crisis in this country. I…
Well, I think there has to be a safety net, and there must be--and I think that is what we are supporting on our side. One of the problems, and the problem that we really have not--not approached here as a Congress is the question of male…
This bill would remove this obsolete prohibition and also provide that S corporations can attract needed financing through convertible debt.
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