dkh
Level 15
05-11-2020
07:25 PM
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So of the two answers from @sjrcpa and @BobKamman which is the best course to take. @sjrcpa method creates gain from dissolving corporation and liquidating assets. How are assets treated when revoking S-corp election per @BobKamman instructions? I'm curious to further my knowledge base. I have limited experience with S-corps and so far any that have ceased were sales.