Tax,
Corporate
Jul. 5, 2017
Proposed IRS regulations impact every partnership and LLC
On June 14, the IRS re-released its proposed regulations on the implementation of the IRS's new centralized partnership audit regime.
Phil Jelsma
Partner and Chair of the Tax Practice Team
Crosbie Gliner Schiffman Southard & Swanson LLC (CGS3)
Email: pjelsma@cgs3.com
Phil is chair of the tax practice team at CGS3. He is recognized as a leading joint venture and tax attorney, with a 30-year background in real estate exchange transactions, syndications, nonprofit corporations and international tax planning.
The benefits of setting up well-structured limited liability companies (LLCs) or partnerships are many -- and include liability protection, tax savings, asset protection and ease of raising capital. With this in mind, it is critical to pay close attention to evolving IRS regulations, which will be effective Jan. 1, 2018.
On June 14, the IRS re-released its proposed regulations on the implementation of the IRS's new centralized partne...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In