Source
Macdonald “Mac” A. Norman, JD, LLM
Published
The Bipartisan Budget Act of 2015 (BBA) created a “centralized system for audit, adjustment and collection of tax that [generally] applies to all partnerships,” with taxable years beginning after 2017 [P.L. 114-74; Joint Committee on Taxation, “General Explanation of Tax Legislation Enacted in 2015 (JCS–1–16),” March 2016, https://tinyurl.com/y4tf5zwm]. In an effort to circumvent IRS frustrations with […] The post The Bipartisan Budget Act Audit Regime appeared first on The CPA Journal.
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