A Bad Call? New York's BBA Partnership Audit Rules Miss the Mark
Article
Tax Notes State
Timothy Noonan and Brandon Bourg co-authored an article for the February 2025 edition of Tax Notes State titled “A Bad Call? New York's BBA Partnership Audit Rules Miss the Mark.”
The article by Timothy P. Noonan and Brandon J. Bourg critiques New York's proposed tax administration changes for federal partnership audit adjustments. The authors argue that the legislation, part of the state's fiscal 2026 budget, is flawed and recommend adopting the Multistate Tax Commission (MTC) model for better conformity and fairness, and advocate for a refund mechanism similar to New York’s passthrough entity tax regime.
Read Tim and Brandon’s full contribution below.
