We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
A Primer on Income Tax Compliance for Multistate[1] Pass-Through Entities and Their Owners.
- Authors
BROWN, WILLIAM C.
- Abstract
Over the past 40 years, changes in the federal tax law and the development of new types of state authorized business entities have resulted in a massive shift in the federal tax reporting of business entities. Forty years ago, most businesses filed federal tax returns as C corporations. Now, business federal tax returns are predominantly filed as pass-through entities (i.e., S corporations or partnerships). This shift has necessitated a greater focus by tax advisors and tax preparers on state tax compliance of multistate businesses operated as pass-through entities and on state tax compliance of the owners of the pass-through entities. The multitude of issues presented for state income tax compliance for multistate pass-through entities and their owners and the practical problems created for these businesses and their owners are examined in this Article.
- Subjects
UNITED States; TAXATION of subchapter S corporations; TAXPAYER compliance; UNITED States tax laws; TAX returns; CORPORATE taxes; STATE taxation laws; U.S. states; TAX laws
- Publication
Tax Lawyer, 2014, Vol 67, Issue 4, p821
- ISSN
0040-005X
- Publication type
Article