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.
Proposed regulations issued by the IRS will help S corporation shareholders determine if their loans create a basis of indebtedness.
Topics: Kristen Shepley, IRS, S Corporation, shareholder loans, bona fide debt, basis of indebtedness