Tax consequences liquidating corporation Free chat for sex no premium upgradation
There are subtle (and some not so subtle) differences between the two entities from a tax perspective as well.
One significant difference exists with respect to distributions of appreciated property. This article previously appeared in the Tax Assessment newsletter, published by the North Carolina Bar Association, and is reprinted with permission.
Responsible corporate officers will be held personally responsible for trust fund taxes.
Tax Treatment of S Corporation Liquidations Under Code Sec.