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Written for professional advisors, Partnerships and LLCs is an authoritative reference on all aspects of partnership and LLC taxation. The book consists of six main sections: Considerations preliminary to selecting the partnership form of ownership. Funding the partnership Taxation of operations Parter's share of partnership debt Disposition of a partnership interest DistributionsPartnerships and LLCs contains hundreds of examples and practical observations to assist the reader in understanding and applying the concepts. Coverage is exhaustive and authoritative. This book can be used as an educational tool, a research volume, and as a answer book to address client situations. This is a musthave volume for tax practitioners with partnership clients.
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