Every Expert Treatise Library title is accessible through CCHâs award-winning IntelliConnectÂ® research platform â providing links to cited primary source and other key explanations. In addition to quick access to cited cases, Federal Taxation of Partnerships & Partners helps practitioners assess the tax impact on their clientâs business and make informed decisions based on the Internal Revenue Code, regulations, IRS rulings, federal court decisions, committee reports and other primary source documents.
âNow tax professionals have a definitive resource for providing clients with key planning guidance and easy-to-understand practical insights on partnership taxation,â said Mark Friedlich, CCH Director of Publishing. âCCH has taken a unique approach to the development of treatises to best meet the needs of CPAs, attorneys and the academic community. The Partnership treatise is written by two prominent attorneys, a leading CPA, and one of the nationâs leading professors. The result is that for the first time, the user will have the expert perspectives of each profession to do his or her research and find better focused answers to complex partnership issues. Our renowned authors are recognized for their expertise and present information in a more modern, structured format that significantly improves upon treatises published in the past.â
The treatise offers guidance on the full range of partnership taxation topics including:
â¢ Choice of Entity;
â¢ Classification as a Partnership for Tax Purposes;
â¢ Acquiring Partnership Interests;
â¢ Accounting and Partnership Operations;
â¢ Partnership Income Allocations;
â¢ Partnership Distributions;
â¢ Transfers of Partnership Interests;
â¢ Transactions between Partners and Partnerships;
â¢ Special Partners and Partnerships â Tax Planning Considerations;
â¢ Termination of a Partnership;
â¢ Death or Retirement of a Partner; and
â¢ Basis Adjustments to Partnership Assets (Inside Basis).
Stuart Rosowis an adjunct faculty member at Columbia Law School and Partner at Proskauer, where he is the leader of its transactional tax team. He concentrates on the taxation of complex business and investment transactions, and his practice includes representation of publicly traded and privately held corporations, financial institutions, investment partnerships, health care providers, charities and other tax-exempt entities and individuals. A frequent lecturer at CLE programs, Rosow is also an adjunct faculty member at the Columbia Law School where he currently teaches Partnership Taxation.
Thomas A. Humphreys is a Partner at Morrison and Foerster. Humphreys is head of the Federal Tax Practice Group and the co-chair of the Tax Department at Morrison & Foerster. He has extensive experience with the tax aspects of capital markets transactions, financial instruments, partnerships, real estate investment trusts, mergers and acquisitions, bankruptcy and reorganization and international transactions. Humphreys is the author of Limited Liability Companies and Limited Liability Partnerships, published by Law Journal Seminars-Press. He is also an adjunct professor of law at New York University Law School, where he teaches Taxation of Financial Instruments in the LL.M. program.
James M. Kehl,CPA, M.S. Taxation, is currently with the accounting firm of Weil, Akman, Baylin & Coleman, P.A. He has more than 38 years of accounting experience, focused primarily on taxation. Kehl is the author of The Practical Guide to Code Sec. 199 and the Code Sec. 199 Tax Planning & Compliance Manual. He has also written numerous articles on partnership income tax topics that have appeared in The Journal of Passthrough Entities, TAXES - The Tax MagazineÂ®, Tax Strategies and BNAâs Daily Tax Report. Kehl is also a discussion leader of various seminars that are sponsored by CCH and by other professional organizations.
Patricia Hughes-Mills is a Professor of Clinical Accounting at the University of Southern Californiaâs Marshall School of Business, Leventhal School of Accounting, where she teaches partnership taxation in the Masters of Business Taxation Program. She practiced tax law in Los Angeles law firms for many years, prior to joining Arthur Andersen, where she managed a firm-wide real estate tax group.
Other titles in CCHâs growing library of expert treatises include:
â¢ CCH Expert Treatise Library:Taxation of Compensation and Benefits â Brings together all areas of compensation and benefits law, providing in-depth, up-to-date analysis from acclaimed industry experts.
â¢ CCH Expert Treatise Library: International Taxation: Corporate and Individual â Discusses in detail the international tax consequences, from a United States perspective, of transactions carried out by individuals, partnerships and corporations, as well as those occurring between partnerships and corporations and their owners.
â¢ CCH Expert Treatise Library: State Taxation of Income and Other Business Taxes â Clarifies complex state tax issues, providing in-depth, up-to-date analysis from acclaimed industry experts and translates complex regulatory language into easy-to-understand examples and opinions.