You are a CPA. Excellent Appliance Repair

You are a CPA. Excellent Appliance Repair, Inc., (“EAR”) a newly formed closely-held Corporation (regular C-Corporation), recently engaged you as their Tax Advisor. The company was formed and started business one month ago. The corporation currently has 5 shareholders (5 natural persons), each owns equally 20% of the company’s common stock. Currently, the company runs …

You are a CPA. Excellent Appliance Repair Read More »