Federal Income Taxation of Partners and Partnerships in a Nutshell (Nutshells)

Synopsis

This Book Provides An Overview Of Federal Partnership Taxation. It Covers Partnership Formation, Including Contributions Of Property And Admission Of Service Partners, Allocation Of Income And Loss, Tax Accounting And Sharing Of Recourse And Nonrecourse Liabilities. Introduction To Partnership Taxation -- Organization Of A Partnership -- Partnership Tax Accounting -- Partnership Allocations -- Contributed Property: Section 704(c) -- Partnership Liabilities -- Partner-partnership Transactions -- Transfers Of Partnership Interests -- Partnership Distributions -- Death Or Retirement Of A Partner. By Karen C. Burke. Includes Index.