New IRS Partnership Audit Rules: Impact on Private Equity and Hedge Funds | McDermott Skip to main content

New IRS Partnership Audit Rules: Impact on Private Equity and Hedge Funds

New IRS Partnership Audit Rules: Impact on Private Equity and Hedge Funds

Overview


This CLE/CPE webinar will examine the new IRS partnership audit rules and their impact on private equity and investment funds. The panel will discuss the changes that should be made now in partnership and LLC agreements in contemplation of the new rules, the elections available to smaller partnerships to avoid the new partnership level audits, and “push-out” elections which will allow for adjustments for changes in ownership.

Dig Deeper

New York, NY / In-person / February 3, 2026

Private Capital Forum 2026

San Francisco, CA / In-person / January 13, 2026

McDermott Forum at the 2026 J.P. Morgan Healthcare Conference

Miami, FL / Sponsored Events / November 19-20, 2025

Women’s Private Capital Summit 2025

New York, NY / Speaking Engagements / November 13, 2025

Private Fund Compliance Operations Forum

New York, NY / In-person / November 5, 2025

Current Hot Topics in Asset Manager M&A