AICPA Writes IRS about Proposed Regulations on Shareholder Debt of S Corporations

The CPA Advocate: December, 2012.� The AICPA supported proposed regulations that would clarify the proper treatment of shareholder debt of S corporations, recommended that they be retroactive and suggested how IRS could help tax preparers better understand basis.

Source: http://feedproxy.google.com/~r/AICPA_Advocacy/~3/x5AYJjKr8CU/SCorpsShareholderDebtRegs.aspx

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