2018 IRS Partnership Tax Rules and Actions to Consider

The 2018 Internal Revenue Service (“IRS”) partnership rules streamline the partnership audit process for the IRS, making it easier for the IRS to audit partnerships. The 2018 rules also create some planning opportunities for potential audits, as section 6223 of form 1065 now requires a partnership representative. In 2012, the IRS audited 27.1% of [...]

By |2019-03-25T19:56:14+00:00March 25th, 2019|Business, Legislative Updates, Tax, Uncategorized|Comments Off on 2018 IRS Partnership Tax Rules and Actions to Consider