from certain rentals of space for beauty services. . (c) Effective date The amendments made by this section shall apply to calendar years after 2018. 303. Release of Federal tax levies which cause business hardship (a) In general Subparagraph (D) of section 6343(a)(1) is amended by inserting or any trade or business of the taxpayer before , or . (b) Criteria for determining business hardship Subsection (a) of section 6343 is amended by adding at the end the following new paragraph: (4) Criteria for determining business hardship For purposes of making a determination under paragraph (1)(D), with respect to a trade or business of the taxpayer, the Secretary shall take into consideration— (A) the economic viability of such trade or business, (B) the nature and extent of the hardship, including the extent to which the taxpayer exercised ordinary business care and prudence, and (C) any hardships which would be caused to other individuals or businesses if such trade or business were liquidated. . (c) Effective date The amendments made by this section shall take effect on the date of the enactment of this Act. 304. Extension of time for making S corporation elections (a) In general Subsection (b) of section 1362 is amended to read as follows: (b) When made (1) In general An election under subsection (a) may be made by a small business corporation for any taxable year not later than the due date for filing the return of the S corporation for such taxable year (including extensions). (2) Certain elections treated as made for next taxable year If— (A) an election under subsection (a) is made for any taxable year within the period described in paragraph (1), but (B) either— (i) on 1 or more days in such taxable year and before the day on which the election was made the corporation did not meet the requirements of subsection (b) of section 1361, or (ii) 1 or more of the persons who held stock in the corporation during such taxable year and before the election was made did not consent to the election, then such election