TaxQuips.com

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TaxMamas TaxQuips : Daily Tax Podcasts

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Today we hear from Dave in Idaho who tells us, “Some of my friends have a rather successful business formed as an LLC. Their CPA told them that they could file as a partnership and not report any self-employment income, even though they are all actively working in their business. Is this true? And where can I find information to show them they what the law says?”
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