In chapter 8, page 240, discusses LLC and stealing from the LLCs. How an entity is set up, EINs and where the financial information is reported continues to be a source of fraud in the tax field. The IRS looks for ways to increase transparency in this area through double reporting. The individual and the entity often have to report the same information to provide a checks and balances. For example, all W2s and 1099 have to be issued to