This could be claimed if the fund invested in any opportunity where one of the principals was also a principal in the JV with various other parties.The best answer is to start a new class of shares for these types of opportunities and to pay these shareholders only when the money is at work.

Shareholder loans are a commonly audited situation; this can also cause the taxpayer a lot of unnecessary paperwork and can be more trouble than it is worth.

If a shareholder is sued personally, then all his personal holdings are exposed to liability.

provided it is an S-corp the business does not have to have income to pay its shareholders benefits or wages.

But for death... would it be acceptable for me to execute a notarized document between us like a "Designation of Successor Shareholder" wherein I declare that in the event of my death that she is deemed the Successor Shareholder of 100% of my SCorp's stock and entitled to all rights and privileges that such a position entails?

“Double Taxed” usually refers to the profit/losses beign taxed once as corporate/company profit and again when distributed to the shareholders/owners/members.C-Corps are double taxed.Independent of the entity type, the wages you provide yourself will incur employment related taxes (FICA FUTA/SUTA).

The novice will pay more.Along comes TARP.The government injects capital into the banks that did poorly and no longer meet regulatory capital requirements and cannot raise more capital from existing shareholders or from the capital markets.

The nice part about a partnership is that not all of the shareholders have to have equal holdings or a holding percentage proportional to their investment.Is he responsible for making the payment from his share?

Some may look at this as a gift from one shareholder to the other since they would end up with equal ownership in the company.

It is all about the bottom line return to the shareholders.