The IRS issued a notice in the Federal Register that it will hold a hearing on a proposed rule regarding the definition of an “interest in a limited partnership as a limited partner” for purposes of determining whether a taxpayer materially participates in an activity under Section 469 of the Internal Revenue Code. The public hearing is being held at 10:00 am on Monday, April 30, 2012 at the IRS Auditorium located at Internal Revenue Service Building, 1111 Constitution Avenue NW, Washington, DC 20224. The agency requests that interested parties send outlines of topics to be discussed at the hearing by April 9, 2012.
Click here to read the notice published in the Federal Register.
