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Day: October 23, 2018

News
Accounting Audits IRS Partnership

Opting Out Of The New Partnership Audit Regime

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. If your business is organized as a…

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October 23, 2018 by Lisa Waterman
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