This episode from Knott PLLC discusses the IRS Form 8832 "Entity Classification Election" and all of the unique nuances to the form. It covers the following topics: 1. What entities are eligible to make the election. 2. Why would an entity want to change its tax classification? 3. Which fields to complete on the form and when to file. 4. Late filing procedures under Rev. Proc. 2009-41. 5. How does it change income tax reporting for the entity post-election? Subscribe to the channel for more episodes and tutorials. Purchase our tax guides and tutorials here: https://gumroad.com/jasondknott Check out our website for more: https://www.lawofficesofjasonknott.com/blog/ Need more help? Schedule a consultation: https://calendly.com/jason-knott Follow Knott PLLC here: Twitter: https://twitter.com/jasondknott Instagram: https://www.instagram.com/jasondknott/ LinkedIn: https://www.linkedin.com/in/jason-d-knott/ Patreon: https://www.patreon.com/jasonknott