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Audits Technical Corrections Act

K&L Gates LLP

The Trump Freeze Leaves New Proposed Regulations on Partnership Audit Rules out in the Cold

K&L Gates LLP on

A White House freeze on recently issued regulations has left proposed regulations on the new Centralized Partnership Audit Regime out in the cold. On January 20, 2017, a memorandum from Assistant to the President and Chief...more

Dentons

Congress Offers Technical Corrections to Help Implement the New Partnership Audit Rules

Dentons on

As discussed in a previous post, in late 2015 Congress enacted the Bipartisan Budget Act of 2015 (the “BBA”) which completely revamped the way partnerships (including LLCs taxed as partnerships) will be audited beginning in...more

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