Examlex
Pass-through S corporation losses can reduce the basis in the shareholder's loan to the entity, but distributions do not reduce loan basis.
Design Team
A group of professionals working together to develop and create plans, drawings, or outlines for projects or products.
Businesspeople
Individuals engaged in commercial, industrial, or professional activities, often with the aim of generating profits.
Transitional Words
Words or phrases used to link sentences and paragraphs together smoothly, helping to ensure the reader understands the flow of ideas.
Informal Tone
A style of communication that is casual and conversational, often used in settings where a personal, relaxed approach is preferred.
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