The IRS has issued Rev Rul 2019-13 that provides guidance on the reduction of AAA when a former S corporation distributes cash in redemption of a shareholder’s stock during the corporation’s post-termination transition period (PTTP).
Read MoreThe IRS has issued Rev Rul 2019-13 that provides guidance on the reduction of AAA when a former S corporation distributes cash in redemption of a shareholder’s stock during the corporation’s post-termination transition period (PTTP).
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