Do I Really Have to File Form 1065 for My LLC?
Practical 2025 guide explaining who must file Form 1065, how Schedule K-1 works, key deadlines, and a simple example for multi-member LLCs and partnerships.
Part 5: Partner Basis Calculation Guide — Understanding Outside Basis, Debt Share & Distributions
Learn how to calculate and track partner outside basis under the 2025 tax rules — including debt allocation, loss limitations, and distribution adjustments. Written for tax professionals and partnership owners.
Part 4: Guaranteed Payments for Partners — 2025 Tax Rules & Practical Filing Guide
Guaranteed payments compensate partners for services or capital, regardless of profits. This 2025 EA Tax Guide explains their tax treatment, reporting, and common mistakes — with step-by-step examples for Form 1065 and K-1.
Part 2: 2025 Update — Partnership Schedules K-2/K-3 & IRC §1061 (Carried Interest)
Updated for 2025: new rules for Form 1065 Schedules K-2/K-3 and IRC §1061. Find out how to comply, avoid penalties, and track carried interest periods accurately.