sjrcpa
Level 15
10-16-2020
10:03 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Since they are not business or investment expenses, they could be treated as nondedcutible expenses. Then maybe shareholder could deduct them.
Where does S Corp get money to pay the expenses?
Seems like an SMLLC would have been a better idea.
Ex-AllStar