|S Corporations|| |
Corporations that make a proper and timely subchapter S election with the Internal Revenue Service.
|Section 1031 Exchange|| |
Under Section 1031 of the United States Internal Revenue Code (26 U.S.C. § 1031), the taxpayer who exchanges certain types of property may defer the recognition of taxable capital gains due upon a sale, and hence reinvest the amount of capital gains taxes that otherwise would be due and payable. Cash to equalize a transaction cannot be deferred under Code Section 1031 because it is not of like kind. This cash is called "boot" and is generally taxed at a normal capital gains rates.
|Section 179 Property|| |
In the United States, under the Securities Act of 1933, the term “security” means any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract,
|Securities Act|| |
This commonly refers to the U.S. Federal Securities Act of 1933, as amended, which law affects and regulates the offering and sale of securities both within the United States and offers directed to United States persons whereever those persons may be.