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IRS gears up to go after ‘complex partnerships’ despite lack of clear definition

Por: The Hill Politics August 01, 2023

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The IRS is getting ready to go after what it calls “large, complex partnerships” as part of its push to pursue wealthy tax cheats with tens of billions of dollars in additional funding. The IRS plans to double audit coverage for partnerships with $10 million or more in assets by fiscal 2025 over fiscal 2021 levels. “The lack of a definition presents a challenge as IRS seeks to increase its audit coverage of partnerships,” the report... + full article



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