EACC & Member News

GT I IRS Establishes New Special Work Unit to Concentrate on Large Partnerships as Part of its New Enforcement Effort Targeting High-Income Taxpayers

The IRS is aware that some high-income taxpayers are using complex passthrough structures to avoid paying income tax, and the Global High Wealth team will be closely aligned with this new unit. Passthrough entities include partnerships, limited liability companies, and S corporations. Read more.

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