subchapter

What you describe is a Subchapter S corporation, or an LLC.

No otherwise privileged communication obtained in accordance with, or in violation of, the provisions of this subchapter shall lose its privileged character.

First you tell me not to waste a lot of time with lawyers and accountants, then you tell me to start a subchapter-C corp.

I've been doing one subchapter each week, completing at least half the exercises in each section.

Different types of entities, such as incorporation, subchapter-S corp, and so on, might offer different degrees and types of legal protection.

Yeah, our creative writing tool (backspacr.com) uses versioning at the scene/subchapter level, and it's definitely nontrivial to present diff and merge tools to end users.

No information acquired from an electronic surveillance pursuant to this subchapter may be used or disclosed by Federal officers or employees except for lawful purposes.

It looks like IRC Chapter 1, Subchapter I - Natural Resources is in for a re-write as the USA no longer needs to encourage domestic production.

In my experience the question can be answered pretty trivially: create an LLC unless there's a reason not to create an LLC, in which case you probably want a subchapter-S corporation.

When you are a stockholder in a company -- LLC or subchapter S corp -- you prepare a K-1 for the owners in the firm, who each pay taxes on the passthrough income.

A franchising authority may award, in accordance with the provisions of this subchapter, 1 or more franchises within its jurisdiction; except that a franchising authority may not grant an exclusive franchise and may not unreasonably refuse to award an additional competitive franchise.

(a) A license holder commits an offense if the license holder carries a handgun on or about the license holder's person under the authority of Subchapter H, Chapter 411, Government Code, and intentionally displays the handgun in plain view of another person in a public place.

What advantages / disadvantages for the LLC to elect to file with the IRS the "filing as corporation" status, instead of the default sole proprietorship/partnership status, or --yes you can elect this too-- "Subchapter-S"?

A corporation can also elect, by filing with the IRS, to be a Subchapter "S" corp, which has many characteristics of partnership taxation, but also numerous cautions that must be monitored to avoid running into unexpected tax issues.

"(a) Unlawful acts; penalties "It shall be unlawful for any person knowingly or intentionally to possess a controlled substance unless such substance was obtained directly, or pursuant to a valid prescription or order, from a practitioner, while acting in the course of his professional practice, or except as otherwise authorized by this subchapter or subchapter II of this chapter.

Separate from that, what are the tax consequences of each entity, and several Federal tax-filing-statuses: sole proprietorship, partnershp, LLC elections, Subchapter-S, Subchapter-C taxation (LLC and corporations)?

Is there an impediment to rapidly converting a Subchapter-S corp into to C-corp - are there be any delays, fiscal year issues or alignments, or other IRS filing or election issues and impediments, again for the entity and for owners?