Written for professional advisors, Partnerships and LLCs is an authoritative reference on all aspects of partnership and LLC taxation. The book consists of six main sections:
-- Considerations preliminary to selecting the partnership form of ownership.
-- Funding the partnership
-- Taxation of operations
-- Parter's share of partnership debt
-- Disposition of a partnership interest
-- Distributions
Partnerships and LLCs contains hundreds of examples and practical observations to assist the reader in understanding and applying the concepts. Coverage is exhaustive and authoritative. This book can be used as an educational tool, a research volume, and as a answer book to address client situations. This is a must-have volume for tax practitioners with partnership clients.
Thomas G. Manolakas has been teaching tax-related continuing education to lawyers and CPAs for more than 20 years. Widely regarded for his expertise in the broad range of federal income tax areas, Mr. Manolakas is a recepient of the California CPA Foundation Awards for Instructor Excellence, Outstanding Course Materials, and Meritorious Service.