Understanding the differences between Form 1065 vs. Form 1120-S is essential for selecting the best tax structure. Partnerships and multi-member LLCs must follow IRS Form 1065 instructions, while S corporations file under Form 1120-S instructions. Ensure timely Form 1065 filing and Form 1120 filing to avoid penalties and stay compliant. Choosing the right form affects taxation, owner... https://maspartner.com/form-1065-vs-form-1120-s-differences-filing-guide/