Baird Holm Partner Hannah Fischer Frey and Baird Holm Associate Katie Wunderlich Co-Author the Article “Relief for Inadvertently Invalid S Elections, QSub Elections, and Terminations,” Published in Nebraska CPA Magazine
When it comes to qualifying as an S corporation, the rules contain many traps for the unwary. In this article, Baird Holm Partner Hannah Fischer Frey and Baird Holm Associate Katie Wunderlich provide an overview of the simplified procedures the IRS has provided for taxpayers to obtain relief for inadvertently invalid S elections, QSub elections, and terminations.
Read the article “Relief for Inadvertently Invalid S Elections, QSub Elections, and Terminations,” in The Nebraska CPA Magazine Pub 5. 2023 Issue 3, here.