K
kristen@dbc
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My brother started a business 8 years ago. SInce then my mother came to work for him for several yeasr. They could not get along and a few months ago he asked he to not work here any longer. The dispute is that she feels she has a 20% stake in the company and he feels that was a loan to the company, It is an S Corp and the taxes have been filed listing her as 20% for a few years. Is that enough documentation for her to hold that 20% status?
My brother started a business 8 years ago. SInce then my mother came to work for him for several yeasr. They could not get along and a few months ago he asked he to not work here any longer. The dispute is that she feels she has a 20% stake in the company and he feels that was a loan to the company, It is an S Corp and the taxes have been filed listing her as 20% for a few years. Is that enough documentation for her to hold that 20% status?
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