And I expect that occasionally you've encountered clients who made a change at one point but then reverted back to a previous tax status to get the most advantageous tax outcomes for their current ...

The IRS has published a private letter ruling on Sections 1361 and 1362 and Treasury Regulation Sections 1.82 and 1.1032 determined that certain transfers of interests to employees and service ...

Kelly Phillips Erb is a Forbes senior writer who covers tax. The IRS is moving ahead with plans to make more information and services available to taxpayers. The latest move? The agency has ...

However, if you structure your company as a multiple-member LLC, the IRS will treat your business as a partnership ... t available to sole proprietors or partnerships. As the corporation's owner, you ...

And the entity type you select impacts how the IRS will treat your business’s income ... An LLC may elect to be taxed as either an S Corporation (if it meets the IRS eligibility requirements ...