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I'm preparing a final S Corp, $25k in net assets, with a
Good morning, I'm preparing a final S Corp, $25k in net assets, with a $10k loan to shareholders, undepreciated assets of $15k, $1k common stock, $5k PIC and the remaining balance in RE. I'm a retired… read more
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I have an S corp filing their final return. They have
hi Steve! I have an S corp filing their final return. They have negative $ 12K in their retained earnings. Does this essentially represent a long term capital loss?… read more
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I sold all of the assets of my S-Corp and stopped trading.
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, I have an S corp. I'm the only shareholder. This year,
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we are dissolving an s-corp with negative Retained Earning
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Our company, treated as S-corp for tax purposes for many years,
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Do I have a taxable income issue and basis adjustment issue
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