Final Regulations on Shareholder and S Corporation Debt

• Overview
• Agenda
• Faculty
• Credits

This teleconference will discuss the IRS' recently issued final regulations which limit the use of open account debt to pass-through S corporation losses to shareholders. Prior to these new regulations, taxpayers avoided recognition of income on the repayment of open account debt with reduced basis because of prior loss pass-throughs. We will discuss how these new regulations limit the use of open account debt and techniques to mitigate these limitations.

Faculty

Dennis C. Becker, Barnes & Thornburg LLP

Registration

To register for this live audio conference please dial 1-866-411-6211.