20 min
What's under the hood — Superseded returns Tax Section Odyssey
-
- Management
Superseded returns — essentially a replacement for an originally filed tax return — can be a useful tool, especially as it relates to partnership returns which operate in the centralized partnership audit regime (CPAR). Learn more about when these “do-over returns” should be considered and what implications they may have for statutes of limitations.
AICPA resources
Superseding returns and statutes of limitations, July 1, 2021, The Tax Adviser
BBA Partnership Audit and Adjustment Rules FAQ — Gain answers to frequently asked questions about the centralized partnership audit regime under the Bipartisan Budget Act of 2015 (BBA).
Other resources
Amended and Superseding Corporate Returns — Information from the IRS on filing a superseded return electronically
For full transcript of the episode, visit Tax Section Odyssey on the AICPA &CIMA website.
Superseded returns — essentially a replacement for an originally filed tax return — can be a useful tool, especially as it relates to partnership returns which operate in the centralized partnership audit regime (CPAR). Learn more about when these “do-over returns” should be considered and what implications they may have for statutes of limitations.
AICPA resources
Superseding returns and statutes of limitations, July 1, 2021, The Tax Adviser
BBA Partnership Audit and Adjustment Rules FAQ — Gain answers to frequently asked questions about the centralized partnership audit regime under the Bipartisan Budget Act of 2015 (BBA).
Other resources
Amended and Superseding Corporate Returns — Information from the IRS on filing a superseded return electronically
For full transcript of the episode, visit Tax Section Odyssey on the AICPA &CIMA website.
20 min