Jonathan Stein provides sophisticated tax advice across a full range of commercial and real estate transactions.

Jonathan Stein

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Jonathan Stein provides sophisticated tax advice across a full range of commercial and real estate transactions.
Publications

Audit Regime’s Modification Options Also Have Consequences

March 1, 2019Publications / Mentions
Tax Notes

Recent guidance on the partnership audit regime highlights the importance of understanding the procedural drawbacks of each option available for taxpayers challenging adjustments. Depending on what taxpayers choose to do under the audit regime’s modification process, they may have to pay taxes, penalties, and interest upfront before seeking judicial review.

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