Successes and Threats: How have S Corporations Fared in Washington?

The Subchapter S corporation (“corp.”) is one of the most prevalent and fast growing type of tax entity. According to the Tax Foundation, S corporations grew from about 800,000 in 1986 to 4.2 million in 2011, and partnerships grew from 1.7 million to 3.3 million

Source:: AICPA – Tax