Remove Billing software Remove Compliance Remove State law
article thumbnail

The Tax Season Survival Guide for Law Firms

Lawmatics

If an entity with more than one owner was formed as an LLC under state law, it is generally treated as a partnership for federal income tax purposes, and files Form 1065. The IRS penalizes filers for errors that could have been avoided through compliance with the tax rules, including deadlines. IRS Form 1040-ES. Late filings.