H. R. 2777, called the "S-Corporation Additional Participation Act of 2025" or the "S-CAP Act of 2025," proposes to change the Internal Revenue Code of 1986 by allowing more people to own shares in an S corporation. Specifically, it increases the number of people who can be...
Simple Explanation
The S-CAP Act of 2025 wants to let more people (up to 250 instead of just 100) own a type of business called an S corporation, which could start after 2025.