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BBA Overhauls Partnership Audit Rules, Increasing Complexity for Tax Filings
The Bipartisan Budget Act of 2015 (BBA) overhauled partnership audit rules, creating strict procedures for amending tax returns (Administrative Adjustment Requests or AARs) filed from 2018, impacting partnerships and partners through increased complexity and potential IRS scrutiny.
BBA Overhauls Partnership Audit Rules, Increasing Complexity for Tax Filings
The Bipartisan Budget Act of 2015 (BBA) overhauled partnership audit rules, creating strict procedures for amending tax returns (Administrative Adjustment Requests or AARs) filed from 2018, impacting partnerships and partners through increased complexity and potential IRS scrutiny.
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Reduced Inequality