DIGITAL ISSUE

Access the November flipbook issue

The Tax Adviser and other Association magazines are now completely digital.

FEATURED ARTICLE

10 good reasons why LLCs should not elect to be S corporations

The owners of an LLC may be tempted to have the LLC elect to be treated as an S corporation for federal tax purposes. However, there are a host of issues that should be considered before making this move. In this article, the authors discuss 10 reasons why it may not be beneficial for an LLC to make an S corporation election.

Tax Insider Articles

Tax Clinic

Employee retention credit: Navigating the suspension test

Key proposed provisions of ‘SECURE 2.0’

US clients with international tax issues: Five helpful tips

Capital loss rules limit deduction of fees paid to terminate merger agreement

Rolling over shares upon S corporation’s acquisition

DEDUCTIONS

Business meal deductions after the TCJA

This article discusses the history of the deduction of business meal expenses and the new rules under the TCJA and the regulations and provides a framework for documenting and substantiating the deduction.

TAX RELIEF

Quirks spurred by COVID-19 tax relief

This article discusses some procedural and administrative quirks that have emerged with the new tax legislative, regulatory, and procedural guidance related to COVID-19.

Magazine