Partnership Tax Expertise Built on Decades of IRS Experience

Partnership Tax Is Not Our Side Practice. It’s Our Focus.

Partnership taxation is one of the most complex areas of federal tax law. Tax consequences involving allocations, basis, liabilities, distributions, ownership changes, and reporting obligations can significantly impact both partnerships and their owners.

Mark Silva spent decades working on partnership taxation issues as an IRS Revenue Agent, IRS Headquarters Senior Policy Analyst, consultant, instructor, and participant in national partnership tax initiatives.

That experience provides clients with practical insight into complex partnership tax matters and IRS procedures

Today, PartnershipTaxAdvisors.com provides specialized consulting services designed to help clients understand complex issues and make informed decisions.

Why Clients Contact Partnership Tax Advisors

Clients frequently seek assistance when:

  • A transaction involves significant tax consequences.

  • A CPA firm encounters a complex partnership tax issue.

  • A partnership agreement requires tax review.

  • An ownership change creates uncertainty.

  • An IRS notice raises concerns.

  • A second opinion is desired before taking action.

Professional Advisor Support

Partnership Tax Advisors assists CPA firms, tax practitioners, accounting firms, and law firms that require specialized partnership tax expertise beyond the scope of routine compliance services.

We work collaboratively with professional advisors by providing:

·          Transactional guidance

·          Partnership agreement review

·          Technical partnership tax research

·          Basis and capital account analysis

·          Section 704(b) allocation issues

·          Section 704(c) issues

·          Section 754 election analysis

·          Partnership restructuring guidance

·          Partnership audit support

·          Second opinions on complex partnership tax positions

 Our objective is to complement, not replace, the services already being provided by the client's existing advisors.

Who We Serve

Partnership Tax Advisors serves business owners, investors, taxpayers, and professional advisors seeking specialized guidance on complex partnership tax issues.

  • CPA firms seeking specialized partnership tax expertise

  • Law firms requiring partnership tax support for transactions, planning, and restructuring

  • Business owners and entrepreneurs

  • Real estate investors and real estate partnerships

  • Investment partnerships

  • Family offices

  • High-net-worth individuals

  • Financial advisors and wealth managers

  • Trustees, estates, and fiduciaries

Need Guidance on a Partnership Tax Issue?

Whether you are evaluating a transaction, reviewing a partnership agreement, addressing a basis issue, responding to an IRS notice, or seeking a second opinion, Partnership Tax Advisors can help.

Contact us to discuss your partnership tax issue and learn how decades of specialized IRS Headquarters experience may help you achieve a practical solution.