Goodbye TEFRA, Hello New Partnership Audit Rules

By: Amanda Wilson Last week, President Obama signed into law the Bipartisan Budget Act of 2015.  As I mentioned in a prior post (found here), the budget bill contained a proposal to revamp how partnerships are audited.  Specifically, TEFRA (the 1982 Tax Equity and Fiscal Responsibility Act) is out.   The new partnership audit rules go … Continue reading Goodbye TEFRA, Hello New Partnership Audit Rules