by BeCool on April 12th, 2004

BeCool

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I started a C corporation and now I want to close it. The corporation's value is less than the equity I originally put into the corporation. If I shut down the corporation, what are the tax consequences for me as the sole shareholder?

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Answers. 1 helpful answer below.

  • by - MojoThunder - on September 14th, 2009

    - MojoThunder -

    almost 5 1/2 years and I'm the first person to answer this question by stating "go see a lawyer" ... talk about timely :)

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