George4Tacks
Level 15
03-20-2023
04:30 PM
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Just to stir the pot - Is it a substantiate shareholder loan, or is it a distribution or maybe just embezzlement?
In general I hate S-Corps, just because of this type of behavior. This is where I get out my 11 foot pole for something I wouldn't touch with a 10 ft. pole.
Then I load up on some extra Fireball Whisky.
Here's wishing you many Happy Returns