- December 15, 2020
- Tracy Tasch
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Proposed Regs Address State and Local Tax Payments by Partnerships, S Corporations
Proposed Regs Address State and Local Tax Payments by Partnerships, S Corporations The IRS intends to issue proposed regulations to clarify that state and local income taxes imposed on and paid by a partnership or an S corporation are deductible by the partnership or S corporation in computing non-separately stated taxable income for the year […]
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