Bay windows generally have a large shelf on the interior side that is used for sitting or as a display area for plants and knickknacks, among other things. Both air leaks and water leaks can occur at many places in the window's construction, and they are sealed with different methods.
Holding companies can be used to reduce tax as well as provide important non-tax related benefits. While each situation may be different, as your companyâs annual revenues and income increase, a holding company is likely something you should consider.
Revenue Ruling 2008-18 sets forth two situations in each of which an S corporation creates a holding company structure using an âFâ reorganization. In the S corporation holding company structure, a newly formed corporation becomes the holding company. The S election for the existing S corporation continues for the newly formed corporation. The original S corporation becomes a wholly owned subsidiary of the newly formed corporation.