Moore Colson, the number one ranked Best of the Best CPA and Advisory firm in the United States by Inside Public Accounting, and Seyfarth Shaw, the leader in delivering value and innovation for legal services, to host a seminar on new legislation imposing entity-level tax on partnerships.
November 29, 2017
Moore Colson, the number one ranked Best of the Best CPA and Advisory firm in the United States by Inside Public Accounting, and Seyfarth Shaw, the leader in delivering value and innovation for legal services, recently announced they will co-host a seminar discussing the new legislation imposing entity-level tax on partnerships.
The Bipartisan Budget Act of 2015 goes into effect in 2018 and is set to overhaul how the IRS audits and collects tax from partnerships. The Act will allow the IRS to collect taxes associated with audit adjustments at the partnership level, rather than passing adjustments through to the individual partners. This new legislation effectively imposes entity-level tax on partnerships themselves and will vastly impact how partnership interests are valued, transferred and protected.
The seminar, Entity-Level Tax for Partnerships — Since When? Since Now!, takes place at Seyfarth’s Atlanta office on December 6, 2017, from 4-5:30 pm ET with a networking reception following thereafter. There is no cost to attend but seating is very limited; CPE credit will be provided and CLE credit is pending approval. The event will feature Seyfarth Partners Steven Meier and Jeffrey Cunningham, along with Partner Mike Pompilio and Tax Director Marcia Nally of Moore Colson CPAs and Advisors as presenters. They will discuss how IRS audits of partnerships are expected to increase tenfold, who will decide your fate in an IRS audit, and how firms should prepare to prevent arguments among partners.
“This timely seminar is a must attend for managing partners or anyone in charge of running a partnership or limited liability company taxed as a partnership,” said Moore Colson’s Tax Director Marcia Nally. “This new legislation is a game changer for partnerships and this session will give you the tools to start planning early and ensure your firm’s interests are protected.”
About Moore Colson: Moore Colson has been providing accounting, advisory and consulting services to mid-market businesses and Fortune 500 companies in the Southeast and nationwide since 1981. Headquartered in Atlanta, Moore Colson is one of America’s largest and top award-winning firms delivering innovative and practical solutions in a true partnership model. Only Moore Colson provides the expertise, relentless integrity and personalized experience to help your company achieve its business goals. For more information, please visit www.moorecolson.com.
About Seyfarth Shaw: Seyfarth Shaw has more than 900 attorneys and provides a broad range of legal services in the areas of labor and employment, employee benefits, litigation, corporate and real estate. With offices in Atlanta, Boston, Chicago, Houston, Hong Kong, London, Los Angeles, Melbourne, New York, Sacramento, San Francisco, Shanghai, Sydney and Washington, D.C., Seyfarth’s clients include over 300 of the Fortune 500 companies and reflect virtually every industry and segment of the economy. A recognized leader in delivering value and innovation for legal services, Seyfarth’s acclaimed SeyfarthLean client service model has earned numerous accolades from a variety of highly respected third parties, including industry associations, consulting firms and media. For more information, please visit www.seyfarth.com.