White Paper

Do You Have an Entity (LLC, LP, LLP) That is Taxed as a Partnership?

Congress and the President recently passed the Bipartisan Budget Act that will have the effect of increasing partnership audits and recordkeeping burdens. Brian A. Smith and Jacqueline M. Amatulli, members of the Corporate Practice Group, wrote an article analyzing the effects of the new law on partnerships, including the fact that any resulting tax burden from an audit will default onto the partnership. 

Available Downloads