Welcome, sign in or click here to subscribe.
Login: Password:




Subscriber content preview

April 18, 2014

IRS audits less than 1% of big partnerships

WASHINGTON (AP) — The Internal Revenue Service audits fewer than 1 percent of large business partnerships, according to a government report released Tuesday.

That means some of Wall Street's largest hedge funds and private equity firms are largely escaping close scrutiny by the IRS, said Sen. Carl Levin, D-Mich.

. . .

To read this story in full login or purchase a subscription.

Search Stories
 Sort by:
Advanced options