Opting out of the new partnership audit regime
$225.00
Description
Abstract: The Bipartisan Budget Act of 2015 (BBA) changed how partnerships are audited. Proposed IRS rules for partnership audits under the law apply to taxable years beginning after December 31, 2017, but some partnerships can choose to opt out. This article summarizes what law firms organized as partnerships need to know. A sidebar explains how to find the right partnership representative.
Additional information
| Year | |
|---|---|
| Niche | |
| Newsletter | |
| Issue | |
| Word Count |