Social Media Ideas for Partnership Taxes

IRS Form 1065: A Guide for Partnership Owners

Updated for tax year 2025 Filing taxes can be complex, especially for partnership business owners who need to file IRS […] The post IRS Form 1065: A Guide for Partnership Owners ap...

The Partnership That Never Was

A disconnect between administrative convenience and substantive tax law may lead to compliance errors.

The Zero-Return Partnership Filing: Applying the Beard Test to Form 1065 Validity

Internal Revenue Service, Chief Counsel Email No. 202634014, CCA_2026030612260600, UILC 9999.00-00 (Mar. 6, 2026) (released Aug. 21, 2026) I. Introduction On August 21, 2026, the I...

What Happens if You Miss the Form 1065 Filing Deadline?

If you missed the partnership tax deadline, the most important thing you can do is file your return as soon […] The post What Happens if You Miss the Form 1065 Filing Deadline? app...

Rehearing Reversal: The Fifth Circuit’s Substitutive Management Test for the Limited Partner Self-Employment Tax Excepti...

K Alain, L.L.L.P. v. Commissioner of Internal Revenue, No. 24-60240, --- F.4th --- (5th Cir. Aug. 12, 2026), withdrawing and substituting for Sirius Solutions, L.L.L.P. v. Comm...

GST Registration for Partnership Firms: A Complete Guide 2026

GST registration is important for a partnership firm when it becomes obligated to register under the CGST Act, 2017. The process involves filing the firm’s details, partners, autho...

What Is a Schedule K-1?: A Guide and Instructions on How to File

If you’re involved in a pass-through entity, you’ll likely deal with Schedule K-1 at some point during tax season. Whether […] The post What Is a Schedule K-1?: A Guide and Instruc...

Update in the Limited Partner Litigation

As I’ve previously written, in January, the Fifth Circuit ruled in Sirius Solutions, LLLP v. Commissioner that the term “limited partner,” as defined in section 1402(a)(13) (the so...

Small Business Extended Tax Return Deadlines and FAQs Explained

Updated for tax year 2025 If you’re a small business owner who filed a tax extension earlier this year, it’s […] The post Small Business Extended Tax Return Deadlines and FAQs Expl...

Hasen: Taxing the Transfer of Compensatory Partnership Interests

David Hasen (Florida) has posted a new piece on SSRN, “Taxing the Transfer of Compensatory Partnership Interests.” Here’s the abstract: The proper rules for taxing the exchange of...

Partner’s Remuneration Under Section 44ADA: Delhi ITAT Opens the Door, But Is the Debate Really Over?

Partner’s Remuneration Under Section 44ADA: Delhi ITAT Opens the Door, But Is the Debate Really Over? For years, one question has troubled professionals who practice through partne...

Tax season during a collaborative divorce

Tax season can be stressful under ordinary circumstances. When spouses are separated or going through a divorce, preparing a tax return can become considerably more complicated. Th...

Marriage means making changes before next filing season

Marriage is an exciting milestone, but it can also affect a couple’s tax situation. Here are some simple steps after the wedding that can help make filing next year’s tax return ea...

The Tax Court Open Door: Why the BBA Partnership Petition Deadline Is Not Jurisdictional

Big Apple Tompkins Realty LLC, Mojahed H. Bhutta, Partnership Representative v. Commissioner of Internal Revenue, 167 T.C. No. 7 (August 5, 2026) In tax controversy, the lin...

Taxation of Earn-Outs on Business Sales: Capital Gain or Disguised Salary?

Is Your Business Partner Pulling Their Weight? A Back-to-School Lesson for Business Owners

Tax Administration, Sham Partnerships, and Voluntary Compliance: Understanding the Eleventh Circuit’s Affirmation of the...

Filipowski v. Commissioner, No. 25-11382 (11th Cir. 2025), September 2, 2026 For tax professionals representing clients with significant tax delinquencies, the Offer-in-Comp...

Can a CA Claim Section 44ADA on Remuneration Received as a Working Partner? ITAT Delhi Says Yes

Can a CA Claim Section 44ADA on Remuneration Received as a Working Partner? ITAT Delhi Says Yes   Partner remuneration of ₹27 lakh can qualify for presumptive taxation under sectio...

How to File Business Taxes €“ a Step-By-Step Guide

Learn how to file business tax with our comprehensive step-by-step guide. Simplify the process, understand key requirements, and ensure compliance to maximize your deductions and m...

Partnering with CPAs for Better Payroll Outcomes — Why Collaboration Leads to Stronger Compliance and Smarter Decisions

Payroll does not operate in a vacuum. It sits at the intersection of accounting, tax compliance, HR, and day-to-day operations. When these areas are disconnected, mistakes happen....

Proposed Regulations Offer Relieving Exception from Form 1041-A Filing for Trusts with Passthrough Charitable Deductions

Proposed Removal of a Reporting Requirement for Trusts Whose Charitable Contribution Deductions are Solely for Contributions Made by Passthrough Entities, REG-109082-25, 91 Fed...

How Tax Cliffs Hold Back Poland’s Individual Business Owners

Poland taxes its individual business owners through alternative regimes and a series of thresholds, several of them sharp notches that imply significant tax costs for businesses cr...

When the Structure Isn’t Right: LLCs, Check-the-Box, and the §1045 Rollover (Part IV of IV)

What Is Form 1040-ES? 2026 Quarterly Taxes for Small Business

If you run a small business or earn self-employment income, your taxes work a bit differently than they do for […] The post What Is Form 1040-ES? 2026 Quarterly Taxes for Small Bus...