The chalcogens (/ËkÃ¦lkÉdÊÉªnz/) are the chemical elements in group 16 of the periodic table. This group is also known as the oxygen family. It consists of the elements oxygen (O), sulfur (S), selenium (Se), tellurium (Te), and the radioactive element polonium (Po). The chemically uncharacterized synthetic element livermorium (Lv) is predicted to be a chalcogen as well.
An S corporation, for United States federal income tax purposes, is a closely held corporation (or, in some cases, a limited liability company or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code.
Geared toward smaller businesses, S-corporations protect from personal liability and allow all income to 'pass through' to shareholders. Any larger corporation is likely join a C corporation since they protect from liability, but give up 'pass-through' status for an unlimited number of shareholders.