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Big Changes in Partnership Tax Audits and How They Impact LLC Agreements

Parker Poe Tax Forum

    Speaking Engagements
  • November 02, 2017

At Parker Poe's Tax Forum, Charlotte partner Jimmy Greene, Greenville partner Richard Few, and Greenville associate Madison Felder discussed recent federal legislation concerning the IRS's audit and assessment rights for partnerships. They examined how the "tax matters partner" concept is changing. They analyzed how the new legislation impacts LLC and other partnership agreements and what terms should be included in those agreements going forward.