S Corporations on the IRS Hot List – Be Mindful of These Issues

IRS is targeting S corporations and other entities that have made an S corporation election ("S-Entities"), according to a recent issue of The Kiplinger Tax Letter. The IRS suspects that compliance in certain areas is lacking and is ramping up S-Entity audits. The hot list of targeted S-Entity issues includes:

Porte Brown LLC can assist in assessing any areas that may be of risk to your company. Contact us today!

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