Kristen Parillo

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

For partnership folks wondering what the new basis adjustment project in the latest Priority Guidance Plan could be about...

@SoongJohnston @TaxNotes Just saw that the jury convicted him on all counts today…

@KristenParillo @TaxNotes What an insane case! Great work!

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…

@TaxNotes FAQs on scope of relief just posted: irs.gov/businesses/sch…

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

@joebwan @TaxNotes Thanks for reading and sharing!

@KristenParillo @TaxNotes Thanks for the update!

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.

@TaxNotes @joebwan Update: the IRS has announced interim filing relief on Schedules K-2 and K-3 (my story is running in tomorrow's Tax Notes Today)

@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

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)