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Changes to the Tax Code Impacting All Tax Partnerships

By Peter Kriete on August 5, 2018
Posted in New Dealer Formation, Successor Planning, Tax

New audit rules put into place by the Internal Revenue Service (the “IRS”) at the beginning of this year will have an impact on tax partnerships which may have significant ramifications for some dealers. Historically, many dealers put their dealership and real estate assets into entities that are taxed as “pass through” entities for tax…

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