Tax Advantages of Single-member LLCs Making an S Corp Election
Practitioner’s Tax Action Bulletin® Advisory Fall is the time for tax planning and advisory services. Tax practitioners should have a …
Tax Pro Shares Keys to Navigating Fed Rate Changes, Political Uncertainty
Businesses have opportunities to increase cash flows and lower tax liabilities in light of the recent cut to the federal …
Corporate Taxpayers Won’t Be ‘Left Behind’ as IRS Improves Notices, Official Assures
While much focus has been given to individuals in messaging from the IRS as the agency aims to capitalize on …
Draft 2019 Forms 1065, 1120-S, and Schedules K-1 Released
The IRS has released drafts of the 2019 Form 1065 (U.S. Return of Partnership Income), its Schedule K-1 (Partner’s Share …
New Draft Form Instructions Released for Simplified QBI Computation
The IRS has released draft instructions to the draft Form 8995, Qualified Business Income Deduction Simplified Computation. The Tax Cuts …
2017 Tax Reform: Checkpoint Special Study on S corp, partnership & other changes in the “Tax Cuts and Jobs Act”
On December 22, President Trump signed into law H.R. 1, the “Tax Cuts and Jobs Act,” a sweeping tax reform …