Product Description: This two-volume treatise covers domestic taxation of foreign individuals and businesses that have income connected to the United States, as well as domestic taxation of foreign income earned by United States individuals and businesses...read more

Practical Guide to Partnerships and LLCs (6th Edition), by Robert Ricketts and Larry Tunnell, discusses the complex issues involving partnership taxation with utmost clarity. It uses hundreds of illustrative examples, practice observations, helpful charts and insightful explanations to make even the most difficult concepts understandable. The book reflects the authors' penchant for communicating the pertinent facts in very direct language and creating a context for understanding the multifaceted issues and applying them to practice. This new edition fully reflects all the latest developments in this complex area. These include changes affecting: - partnership basis adjustments - transfers to partnerships of property with built-in losses - sale of an interest in a partnership with built-in loss property - disproportionate distributions from partnerships with built-in loss property - expensing and amortization of partnership organizational expenses - partnership treatment of the deduction for domestic production activities - recognition of cancellation-of-indebtedness income, and more.

Product Description: A concise, tightly-edited casebook that focuses on core principles and policies so students can learn the major patterns and themes of partnership taxation. Completely-up-to date in organizational structure and text to fully integrate current developments relating to partnership liabilities, transfers of compensatory partnership interests, mandatory basis adjustments, the look-through approach to sales of partnership interests, and the partnership anti-abuse rules...read more

Partnership Taxation: An Application Approach explains partnership taxation using an easy to follow, systematic approach replete with examples, definitions, formulas, and rules. In addition, it takes the students a step beyond a technical understanding of isolated rules by providing them the opportunity to understand how a group of concepts works when applied in a real-life setting; the students are challenged to connect technical understanding with providing advice to clients. Finally, it increases the students' understanding of partnership tax by connecting partnership tax concepts to those the student should be familiar with from individual tax and partnership law. In doing so, it encourages the students to understand the role of partnership tax in this larger context.

Reliable source on the federal income taxation of partners and partnerships. Text contains an authoritative summary on the organization, tax accounting, allocations, distributions, and liabilities of a partnership. Also discusses subjects such as contributed property, partner-partnership transactions, transferring interests, and what happens when a partner retires.

Product Description: The material avoids neither the hard questions nor the conceptual difficulties, leaving students with a firm understanding of partnership taxation. Each chapter begins with a basic explanation of the relevant provisions, and the roles that they play in the overall structure of Subchapter K...read more

Federal Taxation of Partnerships and Partners (Tax series)

This handbook examines partnership tax laws, enabling readers to easily understand specific provisions within a larger context. Some of the topics covered include what constitutes a partnership; partnerships vs. corporations; partnership vs. co-ownership of property; the pass-through principle of partnership taxation; an introduction to partnership debt; allocations of partnership income; transactions between partnerships and their partners; sales of partnership interests; partnership distributions; payments to retiring partners; and the death of a partner.

Product Description: Book by Friedland, Jerold A.

The material avoids neither the hard questions nor the conceptual difficulties, leaving students with a firm understanding of partnership taxation. Each chapter begins with a basic explanation of the relevant provisions, and the roles that they play in the overall structure of Subchapter K. Includes an increasingly detailed discussion of the specific rules, including multiple illustrative examples. Each chapter builds on the earlier chapters, leading the student through Subchapter K's seamless web. For J.D. or graduate-level law school courses on partnership taxation.

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Product Description: This handbook examines partnership tax laws, enabling readers to easily understand specific provisions within a larger context. Some of the topics covered include what constitutes a partnership; partnerships vs. corporations; partnership vs...read more

Product Description: Specific statutory analysis is de-emphasized just long enough to focus students’ attention on purpose, so that the detailed statutory and regulatory analysis that follows can be put into context. Chapter titles include Overview of the Partnership Tax Concept; Organization of a Partnership; Operations of a Partnership; Partnership Allocations; Limitations on Partners’ Loss Deductions; Sales and Exchanges of Partnership Interests; Operating Distributions; Liquidation of a Partnership Interest; Death of a Partner...read more