New IRS Unit Targeting Partnerships Will Test Tax Laws (Podcast)

Oct. 12, 2023, 8:47 AM UTC

The IRS’s new unit to tackle pass-through entity tax-law enforcement could take years to stand up fully and for businesses to feel its impact in the form of tougher audits.

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The push comes after years of concern among IRS officials that the agency lacked the expertise and resources to enforce laws around pass-through entities such as large partnerships, sparking fears some companies were manipulating the rules to pay less than they owed.

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