Shift from Corporations to Partnerships Causes Challenges for IRS Audits
Description: Businesses are increasingly shifting their legal structures from corporations-- that are subject to corporate income taxes--to partnerships. This shift ...
Description: Businesses are increasingly shifting their legal structures from corporations-- that are subject to corporate income taxes--to partnerships. This shift ...
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To address the decline in audit rates for the highest-income taxpayers, in February 2020, the Department of Treasury directed IRS ...