Tax in Action: Practical Strategies for Tax Pros
Episodes
Cash, Property, Sweat Equity: Structuring Partner Returns
This episode explains partnership taxation, focusing on how multi-member LLCs allocate income and handle capital contributions.
Limited Partner or Not? Why Courts Are Split on Your Tax Bill
This episode defines who qualifies as a partner under federal tax law, citing Supreme Court precedents like Tower and Culbertson that prioritize economic reality over formal labels.
When Does Co-Ownership Become a Partnership