Partnership Tax Returns – Why Do We Even Bother?

Partnership Tax Returns – Why Do We Even Bother?

The recent report titled The Use of Schedule K-1 Data to Address Taxpayer Noncompliance Can Be Improved from the Treasury Inspector General For Tax Administration (TIGTA) has me demoralized. A good part of my career was making sure that partnership returns were done correctly (or as correctly as possible) and that the items flowing from the partnership return were correctly (or as correctly as…

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