Possible Tax Consequences Of Guaranteeing A Loan To Your Corporation

What if you decide to, or are asked to, guarantee a loan to your corporation? Before guaranteeing a loan, endorser or indemnitor of a debt obligation of your closely held corporation, be aware of the possible tax consequences. If your corporation defaults on the loan and you’re required to pay principal or interest under the … Continue reading “Possible Tax Consequences Of Guaranteeing A Loan To Your Corporation”