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Business & farm
A colleague of mine transitioned from sole practioner to llc s-corp mid year and told me that his accountant was able to recognize all of the year’s income in the S-corp. So the amounts earned from 1.1.23 until the S-corp is set up will be shown as Nominee income (earned by me on behalf of the s-corp).
Have you or anyone else heard about this?
July 3, 2023
6:25 PM