Paul Quinn Rich Year 3 Depreciation Income ( 3,200 ) 3,000 ( 4,800 ) 5,000 2,000 Capital account , year end ... $ ( 600 ) $ 6,000 $ 600 In Year 3 Paul , Quinn and Rich modify the terms of the partnership agreement , deleting the ...
Partnership Taxation
In addition to clear, to-the-point explanations of law, Understanding Partnership and LLC Taxation includes practice and planning notes plus extensive citation to relevant cases, statutes, and regulations, thereby making it also an ...
[T] he transaction in issue is in part a sale, but is not governed by section 707(a) because the sale occurred ... JWC had attempted to sell the McDonald properties outright for about 2 years before its transaction with Metropolitan.
The Second Edition of the Exam Pro on Partnership Taxation extends the approach of the original as a partnership tax study guide with questions and answers.
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 Teacher's Manual provides suggested syllabi for both courses.
The co-authors of the book and E-Newsletter are John M. Cunningham, The author of Drafting Limited Liability Company Operating Agreements (Aspen Publishers), The leading generic (i.e., non-state specific) LLC form book and practice manual; ...
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.
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.
A return to coverage of partnerships & limited liability companies highlights the Third Edition of FEDERAL INCOME TAXATION OF CORPORATIONS AND PARTNERSHIPS. With more of the extremely effective problems that...