WASHINGTON, Aug. 19 (TNSFR) -- The U.S. Department of the Treasury Internal Revenue Service has put forth proposals aimed at easing the information reporting requirements for partnerships. The proposed rules would revise existing obligations concerning the sale or exchange of certain partnership interests that involve inventory or unrealized receivables. The goal is to remove a requirement that has proven burdensome for many businesses.

Under current rules, partnerships must furnish . . .

Click here for more information about our products