Shift from Corporations to Partnerships Causes Challenges for IRS

Government Accountability Office (GAO) Podcast:...

Shift from Corporations to Partnerships Causes Challenges for IRS Audits

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Businesses are increasingly shifting their legal structures from corporations-- that are subject to corporate income taxes--to partnerships. This shift has made it more difficult for the IRS to identify taxable income and catch potential tax cheatsâ¦

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