By: Martin M. Shenkman, CPA, MBA, JD
One member limited liability companies (LLCs) that are disregarded for tax purposes (you file a schedule C or E on your Form 1040), and qualified Subchapter S subsidiaries (Q-Subs) are all to be treated as separate entities for employment tax purposes. Previously, under Notice 99-6, 1999-1 CB 321 you may have filed payroll taxes under your name and Social Security number. T.D. 9356; Reg. § 1.34-1; Reg. § 1.1361-4; Reg. § 301.7701-2
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