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I need help calculating a partner's K-1 amounts. The one
I need help calculating a partner's K-1 amounts. The one partner (100%) sold the company to two new owner/partners on January 31, 2018. … read more
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I am an S Corp Owner. I split with my partner in 2017 but
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In tax year 2012 when making an irc sec 1377 a 2 election
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This pertains to a C Corporation. Facts: -3 shareholders
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A SHAREHOLDER SALES ALL HIS SHARES TO PARTNER SUB S CORPORATION,
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S corp has only 2 shareholders ( me and my friend: 50%:50%
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We have a two person S-corp whose only asset is shares in an
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A partnership is dissolving and they purchased about 20K of
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If the only two shareholders in an S-Corp expect a NEGATIVE
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When you own two rental properties in an S Corp and you sell
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I am preparing a 1065 - Among 6 of the members , I need help
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We have an S corp. One stock holder wants to offer his 45%
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I would like this question to be answered by PDTAX who knows
I would like this question to be answered by PDTAX who knows thia situation a little and has provided excellent answers in the past: Background: I bought out my partner from our joint LLP for $ 30 K a… read more
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An Sub S corp is bringing in a new shareholder. Can they distribute
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I AM AN 50% OWNER OF A SUBS CORPORATION. MY PARTNER IS SELLING
I AM AN 50% OWNER OF A SUBS CORPORATION. MY PARTNER IS SELLING ME HIS 50% SHARE OF THE STOCK TO ME. I SHALL THEN OWN 100% OF THE SUB-S CORPORATION. AM I REQUIRED TO FILE WITH THE IRA ANOTHER 2553 TO A… read more
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