The Internal Revenue Service moved to tighten reporting on certain partnership transactions, proposing new rules that would change how partnerships complete Part IV of Form 8308. The proposal, ...

Nonprofit organizations stand on the front lines of our society’s most pressing challenges, delivering essential services to marginalized communities while often running on chronically limited funding ...

Tucked into the two-year budget deal passed by Congress and signed by President Barack Obama on Nov. 2 are some major provisions affecting partnerships (Bipartisan Budget Act of 2015, P.L. 114-74).