by Ryan Burke, CPA, MSF | Aug 24, 2023 | Business, Tax, Uncategorized
Let’s say you decide to, or are asked to, guarantee a loan to your corporation. Before agreeing to act as a guarantor, endorser or indemnitor of a debt obligation of your closely held corporation, be aware of the possible tax implications. If your corporation defaults...
by Brian Hare, CPA, CGMA | Aug 16, 2021 | Tax
What if you decide to, or are asked to, guarantee a loan to your corporation? Before agreeing to act as a guarantor, endorser or indemnitor of a debt obligation of your closely held corporation, be aware of the possible tax consequences of guaranteeing a loan. If your...
