Examples and Explanations for Partnership Taxation

by Todd, Timothy M.

• ISBN13: 9798889063407
• ISBN10: 8889063408
• Edition: 1st
• Format: Paperback
• Copyright: 2025-02-26
• Publisher: Aspen Publishing

Summary

A favorite classroom prep tool of successful students that is often recommended by professors, the Examples & Explanations (E&E) series provides an alternative perspective to help you understand your casebook and in-class lectures. Each E&E offers hypothetical questions complemented by detailed explanations that allow you to test your knowledge of the topics in your courses and compare your own analysis. 

Here’s why you need an E&E to help you study throughout the semester:

• Clear explanations of each class topic, in a conversational, funny style.
• Features hypotheticals similar to those presented in class, with corresponding analysis so you can use them during the semester to test your understanding, and again at exam time to help you review.
• It offers coverage that works with ALL the major casebooks, and suits any class on a given topic.

The Examples & Explanations series has been ranked the most popular study aid among law students because it is equally as helpful from the first day of class through the final exam.

In This First Edition:

• Provides a robust survey of key partnership tax topics  
• Examines the key aspects of partnership tax using easy to understand examples
• Examples and explanations unpack the main rules of partnership tax and illuminate the reasoning and purpose behind those rules to reinforce understanding and learning.

Table of Contents

Summary of Contents

Contents 
Preface 
Acknowledgments 

Chapter 1. Introduction 
Chapter 2. Formation of Partnerships 
Chapter 3. Accounting for Partnership Operations 
Chapter 4. Partnership Allocations Part I: § 704(b)
Chapter 5. Partnership Allocations Part II: § 704(c) and Built- In Gain or Loss 
Chapter 6. Partnership Liabilities
Chapter 7. Distributions and Payments from a Partnership 
Chapter 8. Payments Between a Partnership and its
Partners: § 707 
Chapter 9. Other Payments to Service Partners 
Chapter 10. Selling, Exiting, Terminating, and Other
Partnership Exits 

Table of Internal Revenue Code Sections 
Table of Treasury Regulations 
Table of Administrative Rulings and Materials 
Index