sale of the assets of a business

Technical topics regarding tax preparation.
#1
zl28  
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Joined:
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Location:
usa
Have a one person s-corporation.

The assets of the business are being sold.

To whom would it be appropriate for the buyer to remit payment to:

-the corporation
or
-the shareholder.

Or does it not matter?
 

#2
Posts:
1185
Joined:
21-Apr-2014 7:09pm
Location:
NC
zl28 wrote:Have a one person s-corporation.

The assets of the business are being sold.

To whom would it be appropriate for the buyer to remit payment to:

-the corporation
or
-the shareholder.

Or does it not matter?


Absolutely the corporation.
 


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