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 examined 5,000 randomly selected S corporation returns from tax years 2003 and 2004. The IRS intends to use the results to measure compliance in recording of income, deductions and credits from S corporations, and to formulate future audit criteria to better target likely non-compliant returns. This is part of a larger IRS effort to improve tax compliance and reduce the estimated $300 billion gap in gross reported figures each year. A large portion of that gap is thought to come from small businesses, and particularly S corporations, which are now the most common corporate entity, numbering over 3 million in