Effective January 1, 2018, new rules took effect for partnership taxpayers. These "Partnership Audit Rules" affect how taxes (as well as penalties and interest) are assessed when a partnership has been audited by IRS.
Seven Things to Consider When Buying out a Partner
partnerships , business valuation , business succession , Business - Management, Issues & ConcernsWith an increasing number of baby boomers reaching retirement age, business owners are choosing to leave the workforce. This means the end of a partnership and a change in the way you do business.
Electronic Delivery of K-1s to Partners and Members
LLC , partnerships , electronic filing , K-1 , Taxes - Corporate & Business , Taxes - Planning, Rules and ReturnsPosted by: Howard Kass, CPA, CGMA, AEP®
Income Tax Treatment of Fringe Benefits Provided to Pass-Through Entity Owners
partnerships , Taxes - Planning, Rules and ReturnsPosted by: Howard J. Kass, CPA, AEP®
Understanding the Tax Consequences of Partnership and LLC Debt
LLC , partnerships , Taxes - Planning, Rules and ReturnsPosted by: Howard J. Kass, CPA, AEP®
Have Nagging Financial Questions?
