Search Results: keywords:"s-cap act of 2025"

  • S. 1371 — To amend the Internal Revenue Code of 1986 to increase the number of eligible shareholders of an S corporation.
    Status:Introduced in Senate
    Words:212

    S. 1371 is a bill introduced to amend the Internal Revenue Code of 1986. The bill seeks to increase the number of eligible shareholders in an S corporation from 100 to 250. This change aims to provide more flexibility and opportunities for forming S corporations. The...

    Simple Explanation

    S. 1371 is a bill that wants to let more people own a special kind of business called an S corporation, increasing from 100 to 250 people. This change would start after December 31, 2025, so the companies can invite more friends to join them.

  • H. R. 2777 — To amend the Internal Revenue Code of 1986 to increase the number of eligible shareholders of an S corporation.
    Status:Introduced in House
    Words:220

    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.