The New Centralized IRS Partnership Audit Regime

The new centralized partnership audit rules took effect for tax years of partnerships beginning on or after January 1, 2018. These new procedures have transformed the way in which partnership audits and the assessment and collection of tax take place. The new regime affects all taxpayers that conduct business through partnerships now and for the foreseeable future.

Join us for our webcast, where senior-level professionals from KPMG LLP's (KPMG) Washington National Tax practice and Tax Dispute Resolution Network with extensive knowledge of partnership taxation and IRS practice, procedure, and dispute resolution areas present:

• An overview of the new partnership audit rules
• The final regulations under the new procedures, including highlights of the important points
• Recent IRS administrative steps taken to implement the new procedures
• What taxpayers should do now to adapt to the new regime.