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Jul 6, 2008 35 min

S Corporations and AAA

from Ed Zollars' Tax Update Podcast

The IRS this week issued some relatively unsurprising guidance on the treatment of life insurance and an S corporation's accumulated adjustments account, so this week we'll look at the more general issues of the relevance (and lack of relevance) of AAA for an S corporation and its shareholders, and how the item is computed. The materials are available at http://www.edzollars.com/2008-07-07_AAA.pdf . The podcast is sponsored by Leimberg Information Services, located on the web at http://www.leimbergservices.com .

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S Corporations and AAA

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This episode was published on July 6, 2008.

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