Centralized Partnership Audit Regime Muddied by IRS Uncertainty, Expert Says
The future of the IRS’ plans and ability to enforce partnership tax compliance pursuant to now 10-year-old legislation is uncertain …
The future of the IRS’ plans and ability to enforce partnership tax compliance pursuant to now 10-year-old legislation is uncertain …
Several organizations responded to an IRS request for comment on filing obligations of tax-exempt entities to say that three forms …
Practitioner’s Tax Action Bulletin® Advisory In June 2024, the IRS released a guidance package on related party basis adjustments (RPBAs) …
The IRS finalized regs providing guidance on how clean energy projects with multiple owners can elect to not be treated …
The IRS has announced that it will issue proposed regs addressing how certain Code provisions, including the foreign tax credit …
The IRS has issued final regs regarding the treatment of domestic partnerships for purposes of determining amounts included in the …
The Tax Court has held that a partner was liable for tax on her distributive share of income from the …
In a Revenue Procedure, IRS has allowed partnerships that are subject to the Bipartisan Budget Act of 2015 (BBA)’s centralized …
The IRS has released drafts of the 2019 Form 1065 (U.S. Return of Partnership Income), its Schedule K-1 (Partner’s Share …
The IRS has released draft instructions to the draft Form 8995, Qualified Business Income Deduction Simplified Computation. The Tax Cuts …