Federal Income Taxation of Partners and Partnerships in a Nutshell

Federal Income Taxation of Partners and Partnerships in a Nutshell Download PDF eBook Federal Income Taxation of Partners and Partnerships in a Nutshell, This book offers a concise overview of federal partnership taxation. It covers partnership formation, together with contributions of property and admission of service companions, allocation of revenue and loss, tax accounting, and sharing of recourse and nonrecourse liabilities. Constructing on this basis, the book additionally addresses superior subjects, together with transactions between companions and partnerships, gross sales of partnership pursuits, distributions of property, elective and necessary foundation changes, and planning for retirement or dying of a associate. Quite a few concrete examples illustrate the tax therapy of particular transactions, permitting college students to know the ideas of partnership taxation in a problem-oriented course. The revised version displays developments by means of September 2012, together with codified financial substance doctrine and penalty provisions; alternative of enterprise type and classification of sequence entities; at-risk and passive loss guidelines as utilized to LLCs and LLPs; partnership debt-equity exchanges and proposed “carried curiosity” laws; new guidelines on accounting for associate’s various pursuits in the partnership; and disguised sale transactions and current tax-shelter selections.Used Ebook in Good Situation

Download PDF eBook Federal Income Taxation of Partners and Partnerships in a Nutshell

pdf-download-button




[Total: 0    Average: 0/5]

Related PDF eBook