Understanding Complete Liquidation of an S Corporation episode artwork

EPISODE · Aug 12, 2025 · 8 MIN

Understanding Complete Liquidation of an S Corporation

from #LegalBytes: The Official Podcast of Cummings & Cummings Law · host chadvt

This podcast explains the complete liquidation of an S corporation, covering both corporate- and shareholder-level tax consequences. It outlines how asset sales or distributions are taxed, including built-in gains, depreciation recapture, and special installment sale rules. The discussion highlights common misconceptions and planning opportunities. Visit our firm website at www.cummings.law.

This podcast explains the complete liquidation of an S corporation, covering both corporate- and shareholder-level tax consequences. It outlines how asset sales or distributions are taxed, including built-in gains, depreciation recapture, and special installment sale rules. The discussion highlights common misconceptions and planning opportunities. Visit our firm website at www.cummings.law.

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Understanding Complete Liquidation of an S Corporation

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This episode was published on August 12, 2025.

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This podcast explains the complete liquidation of an S corporation, covering both corporate- and shareholder-level tax consequences. It outlines how asset sales or distributions are taxed, including built-in gains, depreciation recapture, and...

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