Centralized IRS partnership audit regime
Learn about the centralized IRS partnership audit regime and how it may affect taxpayers conducting business through partnerships.
Effective tax years beginning January 1, 2018, a new centralized IRS partnership audit regime will transform partnership audits and the assessment and collection of tax, affecting all taxpayers that conduct business through partnerships now and in the future.
Sectors potentially affected by the new regime:
Alternative investments
Private Markets
Private Equity
Insights from KPMG
IRS Memo Suggests Expanded Role For Appeals Within the Partnership Audit Procedures
Privately Speaking: The Impact of the New Partnership Audit Regime on Privately Held Companies
