ACC 631 Tax of Partners/Partnerships (2)

Examines advanced topics in federal taxation of partners and partnerships regarding the contribution, operation, and distribution from partnerships and transfers of partnership interests. Pre: 407 with C- or better.

Subjects:

  • LLC/LLP
  • Formation of Partnerships and LLCs
  • Dissolution of Partnerships
  • Sales of Partnerships
  • Pass-Through Income
  • Operation of Partnerships
  • LP
  • Basis of Partnership Interest
  • Transactions between Partners and Partnerships
  • Guaranteed Payment
  • Optional: Comparison of C & S corporations