IRS Issues Penalty Relief For Capital Account Reporting Errors
By Theresa Schliep · January 20, 2021, 5:17 PM EST
The Internal Revenue Service will not penalize partnerships that took reasonable care of their accounts but made certain mistakes when reporting beginning capital account balances for their partnerships, the agency said...
To view the full article, register now.
Try a seven day FREE Trial
Already a subscriber? Click here to login