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Only Bona Fide Shareholder Loans Create S Corporation Basis
Posted by Kristen Shepley on Mon, Nov 26, 2012 @ 09:17 AM

Regulations Proposed by the IRS Clarify Basis of Indebtedness

Proposed regulations issued by the IRS will help S corporation shareholders determine if their loans create a basis of indebtedness.

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Topics: Kristen Shepley, IRS, S Corporation, shareholder loans, bona fide debt, basis of indebtedness

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