Basis and At-Risk Amounts for S-Corporations
Often, tax practitioners ignore or are unaware of limitations that exist for deducting losses on taxpayers’ returns. Some of the more overlooked areas in this regard are those of basis and at-risk limitations. "is article will shed some light on what may be confusing issues for practitioners dealing with these topics. S Corporation Basis Basis for an S corporation should in theory be easy to determine. An S corporation's sharehol... David Woods, EA
2015 and 2016 Key Numbers
Single TAX RATES 2015 2016 10% bracket tops at 9,225 9,275 15% bracket tops atDavid Mellem, EA