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My client, who is a CA resident and has a business structured as an "S" Corp received a K1 that is showing income allocated to multiple States. However, the Lac...
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Please help me with handling of the Section 263a costs on Form 1125-A. The client had Section 263a costs from PY that was on the tax balance sheet, but not on t...
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A client is selling a majority stake in his S Corporation and as per the attorney's recommendation, both buyer and seller have agreed to make the Section 336(e)...
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I spoke with a tax attorney and got an answer that's different from the responses I got on this forum.
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Please review this article:https://pollockfirm.com/section-121-deduction-qualifying-trusts/Also review thetd9030.pdf - Internal Revenue Service