If the IRS assesses additional tax against a corporation after it has liquidated, the shareholders cannot be held liable for the tax due.

Name: If the IRS assesses additional tax against a corporation after it has liquidated, the shareholders cannot be held liable for the tax due.
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Shareholders can be held liable for taxes due if the IRS assesses additional tax against a corporation after it has liquidated, especially if the assets were distributed to the shareholders before paying all tax liabilities.

If the IRS Assesses Additional Tax Against a Corporation After