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Old 11-15-2007, 11:46 AM
Russ Fox Russ Fox is offline
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Join Date: Jun 2004
Posts: 211
Default Re: My new CPA says I should file as a corporation???

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The IRS can't force you to divulge the nature of the corporation or even who owns it

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S Corporation tax returns contain Schedule K-1s that disclose the full ownership of the corporation.

C Corporation tax returns include details of all 50% (or more) owners and all foreign owners. They also list all directors (including their social security numbers).

-- Russ Fox
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