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ProSeries TaxExperience: 24 years
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Did you check your path to make sure you were accessing correct drive? View your path on your 2023 program and make sure it matches what you see on 2024
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Yes I did read that too and they do not want to become a C-Corp. I will visit with them today to see how they want to proceed. The only issue I see is the compa...
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How do you suggest I do this? Revoke the s-corp status? They still have the oil royalties and have some self employment income that will be paid to the LLC name...
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Thanks IronMan. I had searched before I made the post but did not see this one.My question in addition to this would be............there are no assets to liquid...
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They have never paid payroll to themselves through the LLC and as a part of my discussion with them I had let them know that needed to have been done. Neither h...