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  • RE: types of entities

    Posted in: Tax Talk

    Why not just report the single member LLC's income on the 1065? It seems to me it's pretty straight forward.... partnership owns single member LLC. I don't see any issues with that. Forget the s corp ...

  • RE: Reaching out to PPS

    Posted in: Tax Talk

    I finally reached PPS this morning. The agent indicated that there's a lot of training going on with the IRS and will be for quite some time. As a result there's fewer agents to answer the phone. The ...

  • Posted in: Tax Talk

    Chris, NM was similar to AZ and had amnesty programs in the past but only for Gross Receipts Tax. Now NM offers Managed Audits. This program is basically the same. Once finished with the Audit, payment ...

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