Partnerships are not subject to income tax at the entity level. Instead, they operate as pass-through entities, meaning the ...

Taxpayers often use entities characterized as partnerships for federal income tax purposes to conduct their business activities. In addition to offering limited liability (e.g., limited liability ...

The Internal Revenue Service will start accepting electronic business tax returns next week, signaling ...

In tax controversy and litigation matters, sometimes procedure trumps the merits. The statute of limitations is a great example. Even if the taxpayer made a mistake on a prior year return, the IRS ...

Businesses can begin filing tax returns electronically next week, the IRS said Tuesday. Acceptance of returns will begin Tuesday, Jan. 13 at 9 a.m. ET, the IRS said in an alert. Starting Jan. 18, five ...