Sec. 6603 Deposits Under the BBA Audit Regime by CORY STIGILE and PHILIPP BEHRENDT
We are pleased to announce that Cory Stigile and Philipp Behrendt have published a comprehensive article in The Tax Advisor, titled “Sec. 6603 Deposits Under the BBA Audit Regime.” This insightful piece, featured in the July 2024 issue, addresses the critical issue of making deposits under IRC Section 6603 within the context of BBA Partnership audits.
Understanding how to manage interest accrual on disputed tax amounts is essential, especially with IRS noncorporate interest rates rising significantly. Stigile and Behrendt explore how making deposits can suspend interest accrual and offer temporary relief during tax controversies. Their article delves into the procedural aspects and potential pitfalls associated with this strategy, providing essential guidance for tax representatives navigating the complexities of the BBA audit regime.
Don’t miss this valuable resource for managing tax disputes effectively!
For more information, please contact Cory Stigile at stigile@taxlitigator.com
For more information, please contact Philipp Behrendt at behrendt@taxlitigator.com