An IRS effort to increase audits of passthrough entities had just launched when a conservative lobbying effort was mobilized to dismantle it.
@KristenParillo and @LaurenLoricchio have the story: https://t.co/NvuMjpEeWs
A new item on the Treasury-IRS priority guidance plan regarding the abusive use of partnerships for inappropriate basis adjustments has left some practitioners wondering what form the guidance will take and what it will address. https://t.co/V11kQRBChj
Readers of @TaxNotes: The IRS just announced filing relief for schedules K-2 and K-3. My story will be in tomorrow's Tax Notes Today! (new edition usually publishes around 8pm ET)