Opting Out of New Tax Rules After an Audit

By |2020-10-16T12:23:34-05:00October 16th, 2020|Blog, Business Law, Tax Laws|

Opting Out of the New Tax Rules After an Audit Is opting out of new tax rules after an audit an option for my business? Well, beginning in 2018, your partnership, limited liability company (“LLC”), or s-corporation (“S-Corp”) could be liable if an IRS audit reveals alleged underpayment in taxes. This can be an underpayment [...]