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What used to be labelled as "Tax Matters Partner" is now called the "Partnership Representative". You need to do some research on this new designation so you un...
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I'm not sure your facts fall within the confines of Section 1033. Based on the facts presented, you have a partial destruction and your gain is the result of a ...
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No argument that it is a short period. However, it is for a short period related to the elected period of 10/1/2015 through 9/30/2016. If the taxpayer files ano...
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While the short period may have only encompassed 2016, it was for the elected period 10/1/2015 thru 9/30/2016 since they were electing a fiscal period. As such,...
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I agree that you need to amend the initial tax return as that should have been filed on a 2015 tax return. I would include a letter of explanation as this will ...