Can an S Corporation have retained earnings?

1 ⤊

2006-07-17 07:25:18 · 4 answers · asked by foonatic 1 in Business & Finance ➔ Corporations

Yes. Any form of business organization can.

2006-07-17 07:35:30 · answer #1 · answered by NC 7 · 1⤊ 0⤋

Yes. I know because I have one. Don't forget, you have to pay taxes on all retained earnings before March 15 of the following year. See, I do know.

2006-07-17 11:54:48 · answer #2 · answered by Anonymous · 0⤊ 0⤋

Yes.

2006-07-17 07:28:11 · answer #3 · answered by extra_37 4 · 0⤊ 0⤋

Yes.... is there more to your question?

2006-07-17 07:27:54 · answer #4 · answered by 3eleven 4 · 0⤊ 0⤋