A new client comes to you in June 2022 and indicates that she instructed her previous accountant

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A new client comes to you in June 2022 and indicates that she instructed her previous accountant in a letter dated January 2021 to file an S election for 2021. It now appears that the prior accountant failed to follow through and make the election. What can you tell this new client about the availability of S corporation status?

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South Western Federal Taxation 2023 Comprehensive Volume

ISBN: 9780357719688

46th Edition

Authors: Annette Nellen, Andrew D. Cuccia, Mark Persellin, James C. Young

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