The IRS requires partnerships and LLCs to name a partnership representative for IRS audits every year and file business tax returns in a timely manner. This law affects existing partnerships and LLCs, as well as any newly created LLC or partnership agreements, private placement memoranda, or any contract or document...
Did You Receive an IRS Notice of Deficiency?
Did you receive an IRS Notice of Deficiency in the mail? What is an IRS Notice of Deficiency and is this important? If you have received an IRS Notice of Deficiency you are facing immediate modification of prior tax returns, and exposure to IRS collection tactics. The IRS Notice of...