Is Your Partnership IRS Audit Ready?
By EsqSocial Corporation 12/04/21
The Bipartisan Budget Act (BBA) was signed into law by President Barack Obama in 2015 and fundamentally changed the way partnerships are audited. Under the BBA, the IRS generally assesses and collects any understatement of tax (called an imputed underpayment) at the partnership level....
By: Gray Reed