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Stinson LLP

Sweeping Change to Partnership Tax Audit Procedures

Stinson LLP on

A major change to partnership audits was signed into place by President Barack Obama on November 2nd following the passage of the Bipartisan Budget Act of 2015 by Congress on October 30th. Previously, partnerships with more...more

Goulston & Storrs PC

Congress Passes Partnership Audit Reform – Obama Expected to Sign

Goulston & Storrs PC on

Last week the Senate passed H.R. 1314 (The Bipartisan Budget Act of 2015), which will completely change the way partnerships (and LLCs taxed as partnerships) are audited.  The House passed the legislation on Wednesday and it...more

Lowndes

Revamping U.S. Taxation of Multinational Corporations?

Lowndes on

The Obama administration and top lawmakers are in discussions regarding a potential overhaul of how the United States taxes U.S. multinational corporations. Topics under consideration include eliminating the U.S. approach of...more

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