Proposed Regs. on Basis for S Corporation Shareholders From Bona Fide Indebtedness

The IRS issued proposed regulations on when an S corporation shareholder can increase basis in the S corporation?s stock based on loans to the corporation.

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/d0QznRTBPgs/20120611-2.aspx

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