The Mann Report published an article by Tax Partner Stephen Gilman, about qualified improvement property under the CARES Act.
By Stephen Gilman, Partner, Tax & Business Services
The good news is that Revenue Procedure 2020-23 was in April 2020, allowing partnership returns to be amended for 2018 and 2019, provided they are done by September 20 and the partnership files the amended return with the words “Filed Pursuant to Rev Proc 2020-23” at the top of the return and all respective schedule K-1s.
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