Partnership Paper Issue. The topic and the Instructions are uploaded and posted in the instructions Box Below

April 13, 2023April 13, 2023 Discipline: Accounting

Partnerships Issue Paper Topic below

1. Partnerships are audited at the partnership level using the entity theory of partnerships while taxes are calculated at the individual ower level using the aggregate theory of partnerships. What inequities does this bring, and how have the IRS and partnerships dealt with these potential inequities?
Instructions
The paper should be 5-10 pages long. Do not use Chat GPT—this only counts for 10% of the grade, and the risk of an academic integrity   violation is too great to risk for a slight change in your numerical average. Also, this paper is an easy assignment. No footnotes, no bibliohy, no formal research paper characteristics. I want you to briefly describe (an opinion) the issue (I know the issue, and only want enough to know that you know it too). The important part is discussion of the ramifications of the issue and any opinions you have based on these ramifications. I’m looking for your opinions more than facts.
Note: “No Online search please only to describe your opinion on Partnerships with the IRS”.

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