IRS Form 8990 Explained: Business Interest Expense Deduction Rules for Businesses

October 17, 2026

IRS Form 8990 AIM Financial | Business Tax Preparation in Grand Rapids and West Michigan Business owners often borrow money…

IRS Form 8989 Explained: How to Request Revocation of a Partnership Push-Out Election

October 17, 2026

This form is relevant when a partnership has made a push-out election under Section 6226 and wants to request permission…

IRS Form 8988 Explained: How Partnerships Can Elect to Pass Tax Adjustments to Their Partners

October 17, 2026

IRS Form 8988 AIM Financial | Partnership Tax Preparation and Business Tax Guidance When the IRS audits a partnership, the…

IRS Form 8986 Explained: How to Report Partnership Audit Adjustments

October 15, 2026

This form is especially important when partnership adjustments are passed through to partners instead of being handled solely at the…

IRS Form 8985 Explained: A Guide to Partnership Tax Adjustments and Reporting

October 15, 2026

AIM Financial | Business Tax Preparation in West Michigan Partnership tax audits can become complicated when the IRS identifies adjustments…

IRS Form 8984 Explained: How Partnerships Can Request More Time for Tax Audit Modifications

October 15, 2026

IRS Form 8984 AIM Financial | Business Tax Preparation and Tax Guidance When a partnership is audited by the Internal…

IRS Form 8983 Explained: Tax-Exempt Partners and Partnership Audit Adjustments

October 15, 2026

When a partnership receives an IRS audit adjustment, the tax consequences can depend on who owns an interest in the…

IRS Form 8982 Explained: A Guide to Partnership Tax Audit Adjustments

October 15, 2026

This guide explains its purpose in plain English, when it may be relevant, and why partnerships and their partners may…

IRS Form 8981 Explained: Waiving the Partnership Audit Modification Period

October 15, 2026

Form 8981 allows a partnership to request an early end to the remaining period for submitting modification requests after it…

IRS Form 8980 Explained: Partnership Audit Tax Adjustments and Modification Requests

October 15, 2026

This specialized form can help an eligible partnership request adjustments to the tax amount calculated after an IRS partnership audit.…