Corporation selling stock question?

Luther Plagmann: This really isn't an IRS question, since you can add investors at any time under their regulations.The issue of selling shares to investors may (or may not) involve regulators in your state government, or, depending upon the type offering, it could fall under "Private Placement" rules of the SEC.Sorry that I can't provide you the IRS publication number, but I have have founded a number of corporations. Some had investors from day one, others had investors come in at a later date. You can be confident that the IRS doesn't really care about this issue. (You will need to have your CPA report the shareholders on the corporation's tax returns.) You didn't mention whether your non-public corporation is an S-corp or C corp., so I can't tell you a lot more.)Good luck....Show more