Kristen Parillo 리트윗함
An IRS effort to increase audits of passthrough entities had just launched when a conservative lobbying effort was mobilized to dismantle it.
@KristenParillo and @LaurenLoricchio have the story: taxnotes.co/3J46PQN
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Kristen Parillo
8 posts
For partnership folks wondering what the new basis adjustment project in the latest Priority Guidance Plan could be about...
Tax Notes@TaxNotes
A new item on the Treasury-IRS priority guidance plan regarding the abusive use of partnerships for inappropriate basis adjustments has left some practitioners wondering what form the guidance will take and what it will address. taxnotes.co/3WS0bPv
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@SoongJohnston @TaxNotes Just saw that the jury convicted him on all counts today…
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@KristenParillo @TaxNotes What an insane case! Great work!
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One hell of a lede in the pages of @TaxNotes:
"A man accused of running a sex trafficking ring...can’t defend tax evasion charges by claiming an attorney told him prostitution proceeds received as compensation for being poisoned are nontaxable."
🤯
taxnotes.com/tax-notes-toda…
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@TaxNotes FAQs on scope of relief just posted: irs.gov/businesses/sch…
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The #IRS will provide filing relief for domestic passthrough entities caught off guard by new international reporting requirements.
➡️ Read the latest news by @KristenParillo: taxnotes.co/3rU0tIe
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Thanks for releasing it from the paywall! Readers will see IRS saying
- "We gave notice" by releasing an advance version. Which may have had a readership of dozens.
- "We will waive penalties" - but only with good faith compliance.
And a discussion of how IRS misses the point.
Tax Notes@TaxNotes
@edzollars @michur We understand this is a big issue for the tax community, and will be putting it in front of the paywall tomorrow. We'll share the free link once it's available. Thank you for your interest and continued support of Tax Notes! #LetsTalkTax
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@joebwan The news article "IRS Feels Your Pain on Schedules K-2 and K-3" by @KristenParillo is now outside the paywall: taxnotes.co/3sKy8Dk
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Readers of @TaxNotes: The IRS just announced filing relief for schedules K-2 and K-3. My story will be in tomorrow's Tax Notes Today! (new edition usually publishes around 8pm ET)
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