3 ms·
Had tonnnns of deductions, mostly overhead costs, lots of categories of deductions carried forward I would argue the same though, and I was in my post. The obs
by yieldcrv 2y ago
Had tonnnns of deductions, mostly overhead costs, lots of categories of deductions carried forward
I would argue the same though, and I was in my post. The observation when filing with my CPAs was that the IRS knows very little especially between entity types that have their own filings
Even the CPAs generally arent the same. The ones doing retirement dont know the non profit stuff, and vice versa, the ones doing partnership forms dont know the other sections. The IRS technically has everything but its in different departments
but I can see the disincentive for the IRS, even if they disagree with one layer of deductions, another takes its place and simply doesnt carry forward. So the IRS could still wind up with nothing.