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Net Operating Losses Audits Internal Revenue Service

Foodman CPAs & Advisors

Pass-Through Entities are Under Scrutiny by IRS

Foodman CPAs & Advisors on

On 10/22/24, the IRS announced that is has officially commenced operations of the newly established pass-through field operations unit within its Large Business and International (LB&I) division, which was announced last...more

Cooley LLP

Blog: Your Startup Received an Audit Notice – What’s Next?

Cooley LLP on

While no one (even those of us who do this for a living) likes receiving an audit notice in the mail, the process can be less daunting if you understand some of the basics.  While we focus below on IRS audits, most of the...more

Troutman Pepper Locke

Tax Developments in 2016: Federal Tax (Part I) - Sections 355, 382, and 385; and new rules on partnership audits dominate...

Troutman Pepper Locke on

Section 385 Proposed Regulations — Impact on Related-Party Financing - Section 385 has been in the Internal Revenue Code since 1969. It was enacted to provide guidance for whether to classify an interest in a corporation...more

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