Vlad Rusz is a CPA at Centaur Digital Corp, helping busy business owners efficiently manage their accounting systems. The IRS, and some online tax preparation companies, offer a way to file a personal ...
S Corporations & Partnerships can now prepare, e-file, and deliver Schedule K-1s easily with TaxZerone — All in One ...
The Internal Revenue Service has posted new information about how to handle possible processing errors when electronically filing Form 1065, "Return of Partnership Income," and ways to avoid them.
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K-1s and how they are used
Partnerships use schedule K-1 tax forms to avoid tax penalties by distinguishing business income and personal income.
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