Section on Taxation Round Table: Update on IRS Partnership Audit Issues and Initiative

This roundtable will address recent experience with IRS audits of partnerships, including both legacy TEFRA issues and new BBA issues.  The panelists will also discuss the recently announced partnership audit initiative and its potential effects on the future of partnership compliance and examinations going forward.

About the Presenters

Kat Saunders Gregor, Partner, Ropes & Gray LLP

Kat is a tax partner and co-founder of the Tax Controversy Group. Kat regularly handles disputes with the IRS, DOL and other administrative bodies, and assists clients in managing disputes with non-U.S. tax authorities. Kat represents public companies, private investment funds, institutional investors, private companies and high net worth individuals before the U.S. Tax Court, U.S. Court of Federal Claims and other federal and state courts.

Joshua Wu, Counsel, Latham & Watkins LLP

Joshua Wu, former Deputy Assistant Attorney General (DAAG) for Appellate and Review in the Tax Division of the US Department of Justice (DOJ), counsels and advocates for companies and high net worth individuals on all aspects of tax controversies and litigation.  Mr. Wu advises on issues ranging from tax accounting disputes, to corporate and partnership transactional issues, international questions, employee benefits matters, and tax exempt controversies. He brings a unique knowledge base and skillset to his clients, drawing on his experience both in senior leadership roles in the DOJ’s Tax Division and in private practice.

Maria Dolan, Executive Assistant, Technical (LB&I – Pass Through Entity), IRS Office of Chief Counsel

Maria Dolan has been with the IRS for 16 years and is currently the Executive Assistant, Technical for the Pass Through Entity Practice Area in LB&I.  Before coming to the IRS, Maria had 15 years of experience working in large and regional public accounting firms and multi-national corporations.  At the IRS, Maria has been a Technical Advisor for Financial Accounting Issues, worked on the implementation of the Affordable Care Act and was Territory Manager for teams in DC, Virginia and Maryland.  In her current role, Maria has overseen the implementation of the new centralized partnership procedures commonly referred to as BBA and now overseeing the initiation of LB&I’s Large Partnership Compliance program.

Registration & Attendance Information 

Note: Registration has closed for this event.

Ground Rules

1. Statements made by government employees are made in their personal capacity and may not be relied upon as an authorized statement of any government agency.
2. No recording devices allowed.
3. FBA Tax Section membership is not required to participate, but you are encouraged to visit https://www.fedbar.org/membership/for information on becoming a member.

Interested in Speaking? If you are interested in leading a future monthly call, please contact cfederico@crowell.com or brandon.king@bakermckenzie.com.