Taxes October 14, 2024
AICPA Pushes Back on Treasury and the IRS Overreaching Guidance Package
The American Institute of CPAs recently submitted a comment letter to the Department of the Treasury and the Internal Revenue Service in response to their release of a guidance package addressing certain basis-shifting transactions involving partnerships and related parties.
Isaac M. O'Bannon is the managing editor and digital content manager for CPA Practice Advisor (