While it should go without saying, a business owner should intentionally choose its structure and tax status and accept the related tax and governance implications. Inadvertently forming the wrong entity could have costly consequences. In this case, it seems...
The IRS recently released temporary regulations clarifying that an employee of a disregarded entity is liable for self-employment tax if the employee is a partner in the partnership that owns the disregarded entity. See Treasury Decision 9766 (May 4, 2016). Source:...
Get a FREE basic estate plan (and more!) by attending our free Family Protection Clinic.
You have Successfully Subscribed!
Pin It on Pinterest
PayDay for Patriots! Lock in these benefit$ now:
FREE CCW Class (carry in 33 states, including all of California!)
FREE advanced training at world's largest shooting school
FREE basic estate plan if you attend CCW Class... & more!
Sign up now at www.7-4-1776.us