Partnership Tax / TEFRA

Get Answers and Help Regarding Partnership Tax/TEFRA Issues

Has your business partnership been contacted by the IRS about a planned audit? Do you have reason to believe your business partner's financial affairs leave you vulnerable to increased tax liability on the basis of the partnership and tax provisions of the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA)?

Contact Lawrence Brown, former Trial Attorney with the Department of Justice Tax Division, to discuss your partnership's tax problems. Together, we can plan ways to confront potentially troublesome situations related to your financial and legal ties with your business partner.

Clients of Brown, PC include business owners, high net-worth individuals, professionals such as doctors and lawyers, and financial advisors such as CPAs. Attorney Lawrence Brown focuses on tax controversies and litigation matters such as audits conducted on partnerships.

TEFRA allows the IRS to treat a partnership as a separate taxable entity in most cases for the purposes of audit. Attorney Brown is prepared to analyze your case and determine whether any special circumstances apply:

  • Your partnership may be excluded from TEFRA if it meets certain criteria.
  • The statutes of limitations may have passed.

Mr. Brown is well suited to help you or you and your business partner respond to IRS audits constructively, with maximum opportunity to reach a favorable resolution of this or any tax controversy affecting your business partnership, your personal finances and/or your professional reputation.

A Toll-Free Initial Consultation

To contact Lawrence Brown, e-mail the law firm through this Web site or call 888-870-0025 for access to the caliber of legal counsel that you seek. Located in Dallas-Fort Worth, Texas, Brown, PC serves clients around North America and the world.

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