This week we look at:

  • Damage award found to not be for physical injuries, entire amount taxable
  • Partnership language in LLC operating agreement revision terminated S corporation status (creating a C corporation)
  • Taxpayer failed to wait required 6 months for IRS to act on refund claim before filing suit

Copyright 2022, Kaplan, Inc.

Direct download: 2022-11-28_Difficulties_Using_LLC_as_Legal_Entity_for_S_Corporation.mp3
Category:general -- posted at: 2:56pm EST



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