Search results with tag "Tax election"
Colorado enacts pass-through entity tax election
www2.deloitte.com• For tax years beginning on or after January 1, 2022, S corporations and partnerships, including limited liability corporations that are taxed as partnerships, may elect to be subject to Colorado income tax at the entity level for the tax year (PTE election) . The PTE election is made
The Nuts and Bolts of New York’s New Passthrough Entity Tax
www.hodgsonruss.comthe tax at the entity level. The election must be made each year by March 15, when the first estimated payment is due. In 2021, however, the election must be made by October 15. The PTE Tax Election Question: My partnership timely made the election, but our accountant told us that it wasn’t a good idea to elect into the PTE tax. Can we
Revenue Information Bulletin No. 19-019 February 5, 2020 ...
revenue.louisiana.govon the income that is not subject to tax at the entity level due to this election. Louisiana Administrative Code 61:I.1001, as published in the January 2020 Edition of the Louisiana ... beginning on or after January 1, 2019. The election is made by submitting Form R-6980, Tax Election for Pass-Through Entities and all required documentation as ...