2024-06-03 LLC as an S Corporation Issue
Federal Tax Update Podcast · The Ohio Society of CPAs
June 2, 202451m 29s
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Show Notes
This week we look at:
- IRS announces that Direct File will continue into 2025 and be expanded while maintaining other programs
- A taxpayer finds its not so simple as just file a Form 2553 if you want to have an LLC taxed as an S corporation, but did realize the error fast enough to get a PLR to restore S status