On December 2, 2024, the U.S. Department of the Treasury (“Treasury”) and the Internal Revenue Service (the “IRS”) published ...

Buried within the BBA audit rules are strict requirements applicable to amending a partnership income tax return—known as an ...

Let’s look at an example of the mechanics ... some could be publicly traded limited liability companies (LLC) that have decided to be taxed as a partnership. Just as with ordinary shares ...

A master limited partnership (MLP) is an unusual investment that combines the tax benefits of a limited partnership (LP) with the liquidity of a common stock. It is organized as a publicly traded ...

Regardless of form, the collective ownership offered by racing partnerships permits individuals to participate in horse ...

A US-based private fund commonly uses either a Delaware limited partnership or a Delaware LLC as its legal entity. However, it's typical to see a nested structure in which the fund is a limited ...

New Delhi [India], February 12: A private limited company is registered in India under the Companies Act, 2013. The process ...

Silent partners are most often involved with limited partnerships or limited liability companies (LLC) as opposed to general partnerships. Although state regulations can vary regarding silent ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

Many farmers are investigating the cost of life insurance in the light of the cut in inheritance tax (IHT) reliefs which is due to take effect from April ...