On 1/18/22, the IRS knocked 2021 Forms 1065 and 1120-S out of orbit. In a jolting new move, the IRS has made every domestic U.S. Form 1065 and 1120-S preparer responsible to prepare and file Schedules K-2 and K-3—re: international (though 99% of the time not apparently relevant)—or else do mandatory new due diligence to sidestep it.
Every domestic (and foreign) partnership (and S Corp) must immediately concern itself with all-new Schedules K-2 and K-3. This course shows you exactly what to do in response.
Bradley Burnett is a practicing Colorado attorney with 33 years of experience working specifically on tax issues. His practice specializes in tax planning and tax controversy resolution. Mr. Burnett has authored and delivered more than 3,000 presentations on U.S. tax law in the U.S. and international jurisdictions.