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ONLY Close the book for Sec 1.1368-1(g) purpose "The S-corp
This question is for Taxmanrog ONLYClose the book for Sec 1.1368-1(g) purpose"The S-corp would basically "close" its books at that time an allocate income equally to A and B. Then for the remainder of… read more
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Is section 1377 still in effect as regards ***** ***** close an S corporation tax year as opposed to weighted average method when 1 shareholder sells out completely? If the "2 tax years" is elected wh… read more
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Tax Question: If I am using cash method of accounting and
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I have an 1120s corp with 2 shareholders and 1 shareholder
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I belong to a NJ S Corp but I am no longer a NJ resident.
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I also have an s corp dissolution with 179 disposition of
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I formed a new S-Corp in February 2010. I was the sole stockholder
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I have a Federal S corp which has not elected S status for
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I am preparing a tax return for an S Corporation for 2011.
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Imputed interest on a shareholder loan would not be a book
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Our daughter is repaying us for her under graduate and graduate
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I have an Illinois S-corp that had a loss for the past three
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Entity S-Corp.Issue Has policy of having the first ...
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