The New Partnership Audit Procedures Webinar

• Identify the new partnership examination process
• Determine the alternatives to imposition of tax at the partnership level
• Recognize partnership agreement issues that must be addressed with legal counsel
• Recognize and avoid conflicts of interest when advising and representing the partnership and/or partners

• Overview of the New Partnership Examination Regime
• Who "acts" for the partnership
• Opt-out provisions in the rules
• Tax at the partnership level
• Avoiding tax at the partnership level and limitations
• Representing the partnership and/or partners in an examination
• Essential partnership agreement provisions
• Unanswered matters including state tax authority responses