How to Coordinate Tax Filings and Legal Compliance Across Entities

How to Coordinate Tax Filings and Legal Compliance Across Entities

Understanding the Basics Before we get into the challenges and solutions, it is important to understand the requirements of managing multiple entities.  What Are Tax Filings? Tax filings are the submission of required forms to government tax authorities (such as the IRS in the United States). These filings disclose income, expenses, and other financial information, allowing governments to assess tax liability. In fiscal year 2023, the Internal R…