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Closing the Open Door-S Corporation Debt
Manage episode 155580400 series 1161335
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The IRS has issued final regulations on S Corporation open account debt that will change the way that many clients have to deal with their loans to the corporation. These changes are effective immediately, so we have to understand how these rules work. The podcast is being recorded this week while I'm at the Hilton Garden Inn in Owings Mills, Maryland.The materials are available at http://www.edzollars.com/2008-10-31_S_OpenAccount.pdf .The podcast is sponsored by Leimberg Services, located on the web on http://www.leimbergservices.com .
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