Partnerships

A battle over who should be Deloitte LLP’s next U.S. chief raises awkward questions about the governance of Big Four partnerships.

Thomson Reuters Checkpoint Catalyst has published an analysis of the new Section 199A qualified business income deduction for pass-through entities ushered in by the Tax Cuts and Jobs Act.

Focusing immediately on culture, strategy and building a ‘one firm’ model top the list.

The American Institute of CPAs has written a letter to the Internal Revenue Service asking the IRS to provide maximum flexibility in its regulations for the new centralized partnership audit regime.