The New Partnership Audit Rules: Proposed Answers to Tough Questions

Lisa Starczewski, Shareholder in Buchanan's Tax section, authored "The New Partnership Audit Rules: Proposed Answers to Tough Questions," which was published in Bloomberg BNA's Daily Tax Report. One of the first extensive articles written on this topic, Lisa discusses newly proposed tax regulations relevant to partnerships and all entities taxed as partnerships.

The article highlights many of the questions that exist with respect to the new centralized audit regime and explains the way in which the proposed regulations address those questions, if they do. She also discusses the challenges that practitioners face as they try to address these rules in the negotiation and drafting of partnership agreements.

View the PDF article here.