IRS PLR: Disregarded Entity Election Extension Granted (IRC §9100)

The IRS has published a private letter ruling on Section 9100, granting a 120-day extension to file Form 8832, Entity Classification Election, to elect to be classified as a disregarded entity for federal tax purposes, effective as of the date intended by its owner. [PLR 202427003]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.