S Corporations

Baker Botts Tax lawyers are experienced with all aspects of subchapter S of the Code and with the issues facing S corporations and their shareholders. We routinely advise clients on Income Tax Planning and transactional opportunities involving S corporations, including S election eligibility, S corporation preservation strategies (including, when necessary, seeking inadvertent termination rulings from the IRS), M&A and section 338(h)(10) elections involving S corporations, restructurings, reorganizations, and spin-offs involving S corporations, and generally whether utilizing an S corporation structure rather than a partnership or LLC structure is optimal in light of our clients' needs.