We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Interim Years Trivial In Partnership Audits, IRS Rep Says

Law360, San Diego (February 9, 2018, 11:10 PM EST) -- A representative from the IRS said Friday that the intervening period between a reviewed year, which is the year examined during an audit, and an adjustment year, which is when an audit is finalized, does not matter under the new centralized partnership audit regime.

At a panel at an American Bar Association tax section meeting Friday in San Diego, Jason Smyczek, a senior technical reviewer from the IRS Office of Associate Chief Counsel, International, spoke about new partnership audit regulations issued last week that allow a partnership...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.