October 12 2012 Plan for losses Basis, losses, S corporation, Shareholder, tax return Review your S corporation basis before year-end. Check your basis in any S corporation in which you are a shareholder and where you expect a loss this year. Be sure you have sufficient basis to enable you to take the loss on your tax return. Share this:FacebookTwitterLinkedInEmailPrint
Financial, Money Management, Personal Planning, Savings Building an Emergency Fund When Cash is Scarce