Tag: partnership tax returns
In 2015, IRS audits of partnerships were up 18.6% over the previous tax year, according to the agency’s Fiscal Year 2015 Enforcement and Service Results. That is the highest audit rate partnerships have experienced since 2006. By comparison, in 2015, … Read More »
Timely Articles. Comments Off on Is the IRS Targeting Partnerships?
In recent months, there have been several significant tax developments that affect partnerships. They also apply to multi-member limited liability companies (LLCs) that are treated as partnerships. (For simplicity, we’ll use the terms “partnership” and “partner” to refer to all … Read More »
Timely Articles. Comments Off on The Latest Tax Developments for Partnerships