The BBA Partnership Audit and Assessment Rules take effect January 1, 2018 – Has your Partnership or Operating Agreement been updated? Effective January 1, 2018, the Bipartisan Budget Act of 2015 (the “BBA”) will govern IRS audits of partnerships, joint ventures and...
Month: December 2017
New Tax Reform Act – Last Minute Moves That Will Save You Money!
Congress just passed the biggest tax reform law in 30 years, one that will make fundamental changes in the way you, your family and your business calculate and pay taxes. Since most of the changes will go into effect next year, there’s still a narrow window of time...