One of the areas that the IRS more frequently becomes involved in deals with expenses that are deducted by a closely-held corporation. Many expenses are personal to the stockholder/employee. When the IRS reviews such expenses and disallows the expenses for business purposes, the stockholder is deemed to have received a constructive dividend, which is fully…Details
Tax Article Archives
Read about some of John’s more memorable experiences navigating the conflicting sections of the Internal Revenue Code.