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Treasury Cracking Down on Secret Real Estate Sales

By Amanda Wilson on Jan 14, 2016 in irc, IRS, Real estate, Tax, treasury, International, LLC

By:  Amanda Wilson There was an interesting story this morning on CBS about the Treasury Department cracking down on secret real estate sales.  Going forward, buyers and sellers may be limited in their ability to hide behind limited liability...

Partnerships - TMP Must Be a Partner

By Amanda Wilson on Apr 8, 2015 in code, IRS, LLC, Partnership Tax, Tax, Tax Day, Other, International

By: Amanda Wilson With April 15th rapidly approaching, I thought I would address a common question that I receive this time of year. Who can be the tax matters partner of a partnership? The tax matters partner is the partner authorized to sign the...

Don't Miss the Boat!

By taxingtimes on Feb 9, 2015 in Business Owners, code, irc, LLC, Partnership Tax, Tax, Tax Day, International

By:  Amanda Wilson Undoubtedly, right before the end of the year, you were inundated with information about steps you could take as part of the year-end tax planning for your business. While the end of the year does offer great tax planning...

Don't Break the Bank

By Amanda Wilson on Feb 3, 2015 in code, irc, IRS, LLC, Partnership Tax, Tax

By: Amanda Wilson Because of the significant flexibility and tax benefits associated with partnerships, many businesses utilize partnerships in some shape or form. For tax purposes, a partnership can be in the form of a general partnership, limited...