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IRS establishes new pass-through division to tax high earners

The Internal Revenue Service (IRS) is setting up a new division with the billions in new funding it received in the Inflation Reduction Act to go after uncollected taxes sheltered in companies that pass their tax liability through to their individual owners. These kinds of businesses are known as “pass-through entities” and often take the…

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Internal-revenue-service
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Can a foreign-qualified LLC or corporation change its entity type?

At some point in a business's lifetime, it may make sense to change its legal business structure.

Tax
Pass-through-entities
Corporate-taxes
International-taxes

Bloomberg Tax & Accounting Recognizes Federal Authors of The Year

/PRNewswire/ Bloomberg Tax & Accounting today announced the recipients of its 2022 author awards for outstanding practitioner contributions in federal.

Washington
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Micah-gibson
Los-angeles
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Allen-matkins

What clients should know about different LLC types

As clients decide on the business entity type that will offer the most advantages legally and financially they'll have much to consider.

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Practice-management
Small-business
Pass-through-entities
Partnerships
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