LO.1 Under certain circumstances, an entity that qualifies under state law as a corporation may have its
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LO.1 Under certain circumstances, an entity that qualifies under state law as a corporation may have its corporate status disregarded for tax purposes by the IRS.
a. Why might the IRS try to disregard a corporate entity?
b. When might such a challenge by the IRS not be successful?
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South Western Federal Taxation 2013 Individual Income Taxes
ISBN: 9781133189558
36th Edition
Authors: William Hoffman, James E. Smith
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