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Key question
If multiple shareholders of the startup Scorp are making weekly $500/$1,000 investment/deposit into the company’s business account for a few months during the first year of business, is any of it taxable? Is there any CAP on shareholders investments that’s non-taxable?is there any other form other than the balance sheets that is needed to be kept? And is there any difference with this situation in Scorp and Ccorp?
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February 22, 2025
2:30 AM