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The seller is not a member of this online community; please use the contact information below for details. Lake Zurich area sole practitioner is retiring. In 2023, the practice grossed $43,000 ($14,000 from monthly and quarterly write-up ...
My first question of clarification is how are the funds paid to Bill being classified? If it is Sub-S distributions, then it sounds like you have two classes of stock, or disproportionate distributions, which places the entity at risk for automatic S ...
This message was posted by a user wishing to remain anonymous I need some help with this one...I have a multi member S corp...was formed in 2021...its 2 members... Say Lou and Bill ..Lou is on payroll Bill is not but transfers money to his LLC as payment ...
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