If you donate or receive noncash property, there are additional filing requirements by the IRS, specifically Forms 8283 and 8282. There are penalties if a form isn’t filed or is filed incorrectly.
A third-party administrator audit, sometimes called an administrative claims review, helps tribes create accountability, measure performance, and establish processes for quality improvements.
Tax reform affects oil and gas companies on an individual and business level because they hold investments in a variety of entity types. We outline the details.