Get the
right advice.

Form 5471

Posted in Quick Guides | Posted on Jul 28, 2021

WHAT IS FORM 5471? IRS Form 5471 is an information return (as opposed to a tax return) for certain U.S. taxpayers with an... Read more

Net Investment Income Tax (NIIT)

Posted in Quick Guides | Posted on Jul 14, 2021

GENERAL BACKGROUND Last week, we wrapped up our series on Entity Classification. If you have not read it yet, or would like to... Read more

Entity Classification Series: What Is A Change In Classification?

Posted in Entity Classification Series | Posted on Jun 30, 2021

GENERAL BACKGROUND Last week we discussed what exactly an initial election is under the Check the Box regulations. We barely touched on what... Read more

Entity Classification Series: What Is An Initial Classification Election?

Posted in Entity Classification Series | Posted on Jun 23, 2021

GENERAL BACKGROUND As you have probably realized in this Entity Classification series, any question put to the reader in the weekly blog does... Read more

Entity Classification Series: Converting a Corporation to a Partnership

Posted in Entity Classification Series | Posted on Jun 16, 2021

GENERAL BACKGROUND Following on from last week’s blog regarding the “Conversion of a Multi Member LLC to a Corporation”, it is probably an... Read more

Entity Classification Series: Converting Multi Member LLC to Corporation

Posted in Entity Classification Series | Posted on Jun 9, 2021

GENERAL BACKGROUND Last week we discussed the conversion of a Single Member LLC to a Corporation. In this week’s blog we will discuss... Read more

---