CLIENT ALERT – IMPORTANT INFORMATION FOR PARTNERSHIPS POTENTIAL ACTION NECESSARY BY MARCH 15, 2019

Posted by Dowling Aaron on

Are you a partner in a partnership or memberin an LLC?If able, most partnerships (including LLCs taxed as partnerships) likely will want to “opt out” of the new centralized audit regime enacted under the Bipartisan Budget Act of 2015 (“BBA”) on their upcoming tax return. If unable to opt out (as discussed below), we still […]

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