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It does apply to s-corp's, but under $10000.00 Not to worry
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This is from Section 7872. "(C)Corporation-shareholder loans Anybelow-market loandirectly or indirectly between a corporation and any shareholder of such corpo...
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Here's a link on the process from IRS. https://www.irs.gov/newsroom/closing-a-corporation
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See link: https://accountants.intuit.com/support/en-us/help-article/intuit-fees/proseries-pay-per-return-fees-filing-returns/L7LSZDOB4_US_en_US
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The minimum requirements for Pro-Series isHard Disk Drive (HDD) with at least 4GB available
