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Lakeside Country Club - West Houston Area Tax Forum - June 22, 2016

June 2016

From TEFRA to BBA: The New Partnership Audit Rules


Starting in 2018 Partnerships can be taxpaying entities when they come under audit.  There will be advantages and disadvantages to the new system, and possible elections to avoid it.  The IRS is still working on procedures to implement the new rules, but the basic structure is here now.  

SPEAKER:  Lawrence W. Sherlock