Title: Understanding partnership and LLC taxation /
Authors: Friedland, Jerold A.
Publisher: LexisNexis,
Year: 2003
Subjects: Partnership Taxation Law and legislation United States.; Private companies Taxation Law and legislation United States.
Contents: Introduction to taxation of partnerships and limited liability companies -- Tax classification of economic relationships -- Tax accounting for partnerships and limited liability companies -- Acquiring a partnership or LLC interest by contribution -- Basis in partnership/LLC interest -- Distributive shares -- Transactions between partners/members and partnership/LLC -- Distributing partnership/LLC property to partners or members -- Family partnerships and limited liability companies -- Liquidating payments to a retiring partner/member or a decedent's successor -- When a partner or LLC member dies -- Selling or exchanging a partnership or LLC interest -- Terminating a partnership or LLC.