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I did not read the info, just went into the bpo form, which was very easy/simple. But, after all inputs were done, I realized I had to pay, and I did not have no money on me or in my account. Gilbie was an excellent agent who helped me out to at least get a print out. The software could only print, but couldn't save. I think if I am going to do this often, I will love to purchase this software. Thanks.
2014-09-16
I thought I would use the free trial and then cancel... I have found myself using it over and over again. It has saved me lots of paper and much time.
2014-09-18
Pretty easy to use...so far.
The only thing that concerns me was I didn't realize I had to pay for this until I had finished filling out a complex form. How did i miss that information at the beginning?
2016-05-18
The user interface for entering numbers in a field is not particularly user friendly. That's the biggest thing. A feature to 'delight' your customers would be to include a field that had a simple 'summation' function.
2017-03-31
Just needed access to a quick fillable PDF for SOAP notes when my office management software with builtin SOAP notes crashed. It is filling a need for the moment, doubtful I will continue. It seems like a nice program but the diagram on the SOAP notes is too cumbersome to mark with the given symbols on the chart as, so far, I have seen no way to actually mark the figure on the chart with the same symbols electronically. There are some symbols available, like the check, circle and line but they are not like the ones on the actual symbol chart. If there was a more expedient way to use those same symbols I might actually be very interested in using this.
2017-09-01
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2018-12-09
A bit difficult to navigate…
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2020-01-21
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How do I file an entity classification election?
To elect Corporation status, the LLC must file IRS Form 8832 — Entity Classification Election. To elect S Corporation status, the LLC must file IRS Form 2553 — Election by a Small Business Corporation.
What does entity classification mean?
Entity classification election. From Wikipedia, the free encyclopedia. For United States income tax purposes, a business entity may elect to be treated either as a corporation or as other than a corporation. This entity classification election is made by filing Internal Revenue Service Form 8832.
What is a domestic eligible entity?
Domestic Entities A domestic entity is one created or organized in the United States or under U.S. or state law. A “domestic eligible entity” is any business entity not required to be a corporation under Proposed Regulation 301.7701-2(b).
What classification is an LLC?
An LLC with 2 or more owners is called a multi-member LLC, and the IRS taxes multi-member LCS like a Partnership. Both Sole Proprietorship and Partnership taxation are pass-through, meaning the business profits, losses, credits, and deductions will flow through to the personal tax return of each member.
What is Form 8832 Entity Classification Election?
Form 8832 is the Entity Classification Election form from the IRS. It is filed to elect a tax status other than the default status for your entity. For example, an LLC can elect to be taxed as a C Corporation.
When should you file Form 8832?
There's no deadline to file Form 8832it can be filed either right when you start your business, or at any point during your business's lifetime. However, the filing date is important. The tax status for the business is effective either: Up to 75 days before filing the form.
What is the difference between IRS Form 8832 and 2553?
Form 8832 vs. So, if your business is structured as a partnership, and you want to elect corporate tax status, you would use Form 8832. Form 2553 is specifically for traditional corporations that want to elect S corporation tax status.
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