K-1 compliance update

With the creation of new operating divisions through the IRS's restructuring, new compliance initiatives are being put into place. The Service's Small Business and Self-Employed Division (SB/SE) is developing a matching process for the income listed on Schedule K-1.

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Bibliographic Details
Published inThe Tax Adviser Vol. 32; no. 4; p. 239
Main Author Lerman, Jerry L
Format Magazine Article Trade Publication Article
LanguageEnglish
Published New York American Institute of CPA's 01.04.2001
American Institute of Certified Public Accountants
Subjects
Analysis
Compliance
Electronic filing
Personal finance
Self-employed persons
Small business
Tax planning
Tax returns
Taxation
United States
United States
United States > US
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Summary:With the creation of new operating divisions through the IRS's restructuring, new compliance initiatives are being put into place. The Service's Small Business and Self-Employed Division (SB/SE) is developing a matching process for the income listed on Schedule K-1.
ISSN:0039-9957