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Thanks for replies. I agree the "dividend" issue is not a problem. In regards to arms length, this is a situation where she has been a big problem to the compan...
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"If" it is a redemption, do you think that makes a difference under the facts presented?
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A client is selling her entire interest in an S Corp. The S Corp is the BUYER.Facts:My client is a passive investorShe owns 38% of the S, her brother owns 37% o...
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Are you planning to deduct the real estate taxes? How does that fit into your analysis?
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Jim -That was the issue. The installation did not carryover the checked box in the Miscellaneous Global Options from my 2023 program. And I totally forgot about...
