New 2021 for 2022 IRS Changes: Funds, Partnerships and S Corporations In early June 2021, the Internal Revenue Service (IRS) published the final versions of two new schedules related to pass-through entities, adding a new layer of complexity to the US tax compliance for partnerships and Subchapter S Corporations. A Schedule K-2 and a Schedule […]

Business Impact – the Biden Tax Proposals Since Joe Biden’s presidential election victory over Donald Trump in November 2020, and the Democrat takeover of the House and the Senate, the business world has been eager to hear what changes to the tax laws the Biden administration will propose. Based on President Biden’s presidential campaign, there […]