S-CORP’s April 13th release of a key study on the role of S corporations in the U.S. economy has been receiving lots of media attention. The study, authored by Drs. Robert Carroll and Gerald Prante, both of Ernst & Young LLP, documents the impact of flow-through businesses on private sector jobs and economic activity in the United States. The report also examines how the flow-through business sector could be affected by potential reform of the corporate income tax. Below is a link to the full report.
“The Flow-Through Business Sector and Tax Reform: The economic footprint of the flow-through sector and the potential impact of tax reform,“ by Drs. Robert Carroll and Gerald Prante, Ernst & Young LLP, April 2011