Large Partnership Audits in the Oil & Gas Industry
Growing concern from lawmakers and increasing press on the relative lack of historic IRS attention on large partnerships is driving a shift toward an increased number of partnership-level audits with potential dramatic changes in partnership procedure on the horizon.
In a free on-demand webinar from Latham & Watkins, Washington, D.C. partners Miriam Fisher and Brian McManus and Houston partner Tim Fenn address the growing discussion around the increase in large partnership audit activity.
This presentation provides an overview of the key issues and legal considerations associated with an increase in such audits and how they are likely to affect the energy sector, the firm says on its website.