16 If we have a complete termination, which of the following...
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Accounting
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If we have a complete termination, which of the following must happen? (multiple answers possible and wrong choices will reduce correct choices) a. can be an employee as long as you do not participate in management decisions b. must agree to extend your statute of limitations on tax returns for ten years c. can still receive corporate benefits such as insurance or company car d. must submit to the IRS a ten year waiver e. must meet the attribution rules of Section 318 f. must be deceased for this one to work :- g. must not be on the board of directors h. can never enter corporate properties again i. must not acquire any interest for ten years other than a creditor or by inheritance j. must be complete termination
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