Five LB&I practice units covering partnerships and deductible and capital expenditures
The IRS Large Business and International (LB&I) division today released five “practice units”—part of a series of IRS examiner “job aides” and training materials intended to describe for IRS agents leading practices about tax concepts in general and specific types of transactions:
The practice units are all dated February 4, 2025, and are available on the IRS practice unit webpage.