03/23/2025
https://tfx.tax/articles/taxes-by-entity/are-s-corp-distributions-taxable
S corp shareholders can take distributions tax-free. However, capital gains may be generated if the distributions exceed the stock basis.
Salas Tax & Accounting Services
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- Salas Tax & Accounting Services
Nos enfocamos y especializamos en Impuestos personales (Income Tax) y Asesoria Contable y Fiscal para Negocios (Corporate Tax returns and Control).
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2405 S Laramie Avenue
Cicero, IL
60804
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