The law firm is a privately held corporation (C corporation). Since the firm is publicly traded, the SEC may require it to register with the SEC and to file Form S-1.
But I don’t really know which one you’re referring to. If we look at the SEC filings, there’s one thing we’re not even aware of: the SEC’s rules, not ours. If you look at the SEC filings, you can’t find any specific rules specifying how you can register as a C corporation. Not even the SEC’s Rules for Form 10-k.
The Form 10-k requires the corporation to provide information about its financial statements and other information that is required under SEC rules. It is required under the SECs Rules for Form 10-K. The firm in question is NOT a C corporation so the SECs rules don’t even apply to it.
The information we do provide to the SECs as part of filing is the same information we are required to provide to the IRS as a matter of law under the Internal Revenue Code, which is why the SECs rules don’t apply.
The SECs rules only apply to C corporations, and because C corporations are so common these days, almost all of them are required to provide this kind of information to the IRS. Even the largest C corporations in the world, like Goldman Sachs, are required to provide this information to the SECs.
I think that’s pretty much the rule. We’ll see how it works out.
Well, a law firm has to be an S corporation or a limited liability company for tax purposes, so even though the SECs rules don’t apply to a law firm, the IRS does. It is more common for a law firm to be a C corporation than an S corporation, but the SECs rules still apply. It’s also not uncommon to see law firms that are C corporations also have to file as an S corporation.
I think that, for tax purposes, law firms are considered to be S corporations. This is because they own all of the company stock, and the stock is considered to be “held in trust” for the firm. This is why they are called S corporations. For tax purposes, a law firm is considered to be a C corporation (and therefore not subject to the S corporation tax) if they have more than 50% of the stock held in trust for the company.
See, this is why you can’t ask the government to give you a tax break that you don’t deserve.
For a law firm to be considered in this way, the firm must have all of their profits distributed to the shareholders, i.e. all of the stocks owned by the shareholders are distributed to their shareholders.