Dealing with the New IRS Partnership Audit Rules

The new partnership audit rules took effect January 1, 2018. All partnerships (big and small) should take action now to implement changes required under the new law. This presentation will cover the following:

• The fundamentals of partnership audit procedures
• The problems with the prior partnership audit rules
• The new default partnership audit regime and the impact on partners
• The methods to avoid the new default partnership audit regime, including the election out
• The steps that partnerships need to take in 2018 

IRS CE: 2 Hours/Federal Tax Law; 
NASBA CE: 2 Hours/Taxes