Facebook F8 Facebook F8 Facebook F8 (pronounced ""eff eight"") is a mostly-annual conference held by Facebook, intended for developers and entrepreneurs who build products and services around the website. It is hosted in the San Francisco Bay Area, California, previously in San Francisco (until 2016) and now in San Jose, in Silicon Valley. Previous events have started with a keynote speech by Facebook founder Mark Zuckerberg, followed by various breakout sessions concentrating on specific topics. Facebook has often introduced new features, and made new announcements, at the conference. The "F8" name comes from Facebook's tradition of 8 hour hackathons. The scheduling of
S corporation show leniency with regard to late S elections. Accordingly, often, the IRS will accept a late S election. If a corporation that has elected to be treated as an S corporation ceases to meet the requirements (for example, if as a result of stock transfers, the number of shareholders exceeds 100 or an ineligible shareholder such as a nonresident alien acquires a share), the corporation will lose its S corporation status and revert to being a regular C corporation. An S corporation's election will also terminate if, for each of three consecutive years, (i) its passive investment income exceeds 25%