On Demand Audio

The Bipartisan Budget Act: An Overview of Recent Changes to the Federal Partnership Audit Rules

(177 reviews)

Produced on December 15, 2017

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$ 59 Tax Law and Administrative Law In Stock
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Course Information

Time 60 minutes
Difficulty Advanced

Course Description

This course, presented by attorney Katherine Jordan of Chamberlain Hrdlicka, provides an overview of the changes to the federal partnership audit rules made by the Bipartisan Budget Act of 2015 (“BBA”), specifically the (i) substantive changes from TEFRA audits, (ii) procedural issues, including selection of a partnership representative, electing out of the BBA, the “push out” option, and modification, and (iii) issues for foreign partners in US partnerships.


Learning Objectives:

  1. Identify and comprehend recent changes to the partnership audit laws
  2. Successfully navigate BBA procedures
  3. Analyze potential issues for foreign partners under the BBA



Credit Information

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Faculty

Katherine Jordan

Chamberlain, Hrdlicka, White, Williams & Aughtry

Katherine Jordan is an associate in the firm’s Philadelphia Office and a member of the firm's Tax Controversy and Litigation Group. Ms. Jordan focuses her practice on representing clients in audits and administrative appeals before the Internal Revenue Service and in litigation in the United States Tax Court, United States District Courts and the United States Court of Federal Claims. Ms. Jordan has experience in the following areas:

  • § 482 transfer pricing
  • captive insurance
  • low income housing tax credits
  • § 183 hobby losses
  • § 165 trade or business losses
  • reacquisitions of real property under § 1038
  • charitable donation deductions
  • actions for award of administrative and litigation costs
  • jeopardy levies
  • IRA rollover contributions under § 408
  • tax penalties
  • fiduciary liability under the Federal priority statute
  • innocent spouse relief
  • collection due process (CDP) proceedings, appeals and Tax Court litigation

Prior to joining the firm, Ms. Jordan clerked for the Honorable Joseph W. Nega of the United States Tax Court, where she drafted judicial opinions, bench opinions, and orders and decisions, conducted legal research on issues presented to the Tax Court on a wide variety of tax matters at both the individual and entity level, advised on opinions and side opinions scheduled for Court Conference, conducted pretrial conferences with parties to narrow issues for trial, and reviewed per curiam draft opinions written by all Tax Court judges in connection with later release. Ms. Jordan began her career working for one of the Southeast's largest law firms in Charlotte, North Carolina where she advised clients on federal and state income tax and federal estate planning matters.



Reviews

RS
Richard S.

Excellent overview.

GT
Georgia T.

Thx

KP
kealoha P.

BEST YET.

KB
Kenneth B.

Outstanding Speaker

DG
Dean G.

A very complex subject very nicely presented.

JG
Janet G.

these tax webinars today have all been worthwhile and well done.

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