In previous articles S corporation stock basis has been discussed, and specifically what items will increase the stock basis and what items will decrease stock basis.  However, there are ordering rules when increasing S corporation stock basis, which is very important because the taxation of a distribution from an S corporation and deductibility of a...Read More

What is the importance of my S Corporation stock basis and how is my basis in the S Corporation stock calculated?  These may be two common questions for owners of small businesses or closely held corporations, and rightfully so.  In previous articles we have discussed below, as well as computing the stock basis.  This article...Read More