Partnership Taxation is one of several releases from the LexisNexis Graduate Tax Series. This book contains a thorough discussion of the rules of partnership taxation - when a partnership exists, the tax treatment of contributions to a partnership, the basis of partnership assets and interests in a partnership, how income is allocated to the partners, the tax treatment of distributions, the consequences of partnership liabilities, partnership mergers, the retirement of a partner and dissolution of the partnership. There is also significant attention paid to the numerous ""anti-abuse"" rules that have been adopted by Congress and the IRS over the past several decades, including the disguised sale rules, the treatment of ""mixing-bowl"" transactions, the complex rules to prevent basis abuse, and the overriding ""partnership anti-abuse regulations"" adopted by the IRS. In addition, this book explores one of the fundamental questions that always arises in partnership taxation: Is a partnership to be treated as a separate taxable entity or an aggregate of its partners? The tension between entity and aggregate treatment of a partnership is one of the recurring issues in determining the tax consequences of partnership transactions. In addition to bringing the book up-to-date with the latest tax law changes and expansion of several chapters, the Third Edition contains new chapters on family partnerships, the death of a partner, and S corporations. It provides an extended discussion of allocation methods that do not have substantial economic effect, but are designed to be in accordance with the partners interests in the partnership; series LLCs and their recently proposed regulations are also discussed in detail. The text is now suitable for both a ""basic"" partnership tax course (if partnership tax can ever be thought of as basic), as well as an ""advanced"" partnership tax course. The Teachers Manual provides suggested syllabi for both courses.

Partnership Taxation (Graduate Tax Series)

Carman, Paul

Lipton, Richard

Fassler, Charles

Schwidetzky, Walter

Tax Law

Carolina Academic Press

Understanding Taxation of Business Entities (Understanding Series)

BROWN, Fred

Partnership Taxation is a textbook designed for lawyers, accountants, and advanced law students. It provides a thorough and sophisticated look at the most important area of tax law for closely held businesses operating in the U.S. Classification, formation, operation, and liquidation of partnerships are covered, as are a number of important associated topics. LLCs are the dominant business form for closely held businesses in the US and are typically taxed as partnerships; accordingly, they receive special attention. The authors come from both private practice and academia and have national reputations. Each chapter contains sophisticated questions designed to thoroughly test students understanding. The text will also serve students well in their tax practices. It is current through early 2017. Further, the text is regularly supplemented with updates.

Understanding Taxation of Business Entities, from the Understanding Series, is now in its second edition. This book is designed primarily for use by law students taking a course on the taxation of business entities, or separate courses on partnership taxation and corporate taxation. It can be used as a supplemental text. But now it includes both a problem set and a teacher s manual, so it can be used as the main text for any of the three courses. The book is broken into parts on partnership taxation, C corporation taxation, and S corporation taxation. Each chapter contains a basic overview and a detailed discussion; this allows for an understanding of the big picture before diving into the details, and the basic overview alone may be sufficient for some introductory topics in taxation courses. For each type of business tax entity, the book covers its life cycle formation, operations, and liquidation along with reorganizations and divisions. The book is full of descriptions and analyses of the relevant Internal Revenue Code and Treasury Regulations provisions, summaries of leading cases and IRS rulings, and plenty of examples that apply the law to hypothetical situations.\nUnderstanding Taxation of Business Entities is designed primarily for law students, but it is also intended to be useful to practitioners, including generalists who need a relatively brief summary of a business entity tax topic, beginning lawyers who intend to specialize in partnership and corporate taxation or are working on an LL.M. in taxation, and experienced lawyers who wish to expand their practices into business entity taxation. The book would be similarly useful to accountants who are pursuing a master of science in taxation, as well as accountants practicing in the area of business entity taxation.

Legal Education

Product Description 
Partnership Taxation is a textbook designed for graduate tax students, advanced law and accounting students, as well as lawyers and accountants. It provides a thorough and sophisticated look at this important area of tax law for closely held businesses operating in the U.S. Classification, formation, operation, and liquidation of partnerships are covered, as are several important associated topics. Each chapter contains sophisticated questions designed to thoroughly test students’ understanding. LLCs are the dominant business form for closely held businesses in the US and are typically taxed as partnerships; accordingly, LLCs receive special attention.\nThe fifth edition contains two new chapters. Chapter 17 contains legislative updates and a detailed discussion of non\-Subchapter K provisions that are relevant to partnership taxation. Chapter 18 contains a detailed discussion of the complex area of partnership debt workouts. The authors provide perspectives from both private practice and academia. 
 About the Author 
Richard Lipton is a senior counsel at Baker & McKenzie LLP. Paul Carman is a partner and the Practice Group Leader of Chapman and Cutler LLP’s Tax Department. Walter Schwidetzky is Professor of Law at University of Baltimore School of Law. Ross Cohen is a partner at Dentons Bingham Greenebaum LLP.

Partnership Taxation

Cohen&ross

See the best price to sell, buy, or rent books by Schwidetzky, Walter. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Schwidetzky, Walter

See the best price to sell, buy, or rent books by Schwidetzky, Walter. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Partnership Taxation (Graduate Tax Series)

Understanding Taxation of Business Entities (Understanding Series)

Partnership Taxation (Graduate Tax Series)

Understanding Taxation of Business Entities (Understanding Series)

Partnership Taxation