Partnership Tax Problems That Turn Into Expensive IRS Notices

Partnership Tax Problems That Turn Into Expensive IRS Notices

Partnership Tax Problems That Turn Into Expensive IRS NoticesSteve Perry
Published on: 18/08/2026

Partnership tax risk continues after Form 1065 is filed. See how IRS matching, audit rules, and notice deadlines affect partnerships and partners year-round.

Tax education articles and IRS representation advice for individuals and small businesses
Shareholder Distributions vs. Payroll: Understanding the Difference Before the IRS Does

Shareholder Distributions vs. Payroll: Understanding the Difference Before the IRS Does

Shareholder Distributions vs. Payroll: Understanding the Difference Before the IRS DoesSteve Perry
Published on: 13/08/2026

Wages and distributions follow different tax rules. Learn why the IRS looks at substance over labels and how uncategorized withdrawals create payroll and basis risk.

Tax education articles and IRS representation advice for individuals and small businesses
Reasonable Compensation: The IRS Rule Many S Corporation Owners Ignore

Reasonable Compensation: The IRS Rule Many S Corporation Owners Ignore

Reasonable Compensation: The IRS Rule Many S Corporation Owners IgnoreSteve Perry
Published on: 12/08/2026

Reasonable compensation is a year-round payroll requirement, not a filing formality. Learn why the correction window closes at year end and how the IRS spots the mismatch.

Tax education articles and IRS representation advice for individuals and small businesses
S-Corporation Compliance Mistakes That Attract IRS Attention

S-Corporation Compliance Mistakes That Attract IRS Attention

S-Corporation Compliance Mistakes That Attract IRS AttentionSteve Perry
Published on: 11/08/2026

S-corporation compliance continues after filing. Learn how IRS matching, reasonable compensation reviews, and notices affect planning and options year-round.

Tax education articles and IRS representation advice for individuals and small businesses