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Tax Consultation for Startups

Expert tax structuring for partners, partnerships, and LLCs under § 14.06, providing concrete answers to equity splits, capital accounts, and pass-through taxation.

IRS Authorized Provider
•
Confidential Encrypted Prep
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Turnaround: 2-5 Business Days

Source Information

Tax Planning For Partners, Partnerships, and LLCs

Publisher:
Matthew Bender & Company, Inc.

Coverage:
Through May 2022; Release No. 48

Frequency: Two times per year;

Update Schedule: Updated regularly - Atypical update schedule/as received from the publisher

Description: AUTHOR: Jerold A. Friedland, JD, LLM Tax Planning for Partners, Partnerships, and LLCs is a unique, all-in-one resource that covers BOTH partner/partnership and limited liability company (LLC) tax issues. This publication makes available clear and direct explanations of some of the most staggeringly complex portions of the Internal Revenue Code, related regulations and rulings, and court cases. To help you put the rules into practice, it is filled with examples and includes numerous computational illustrations. Plus, Tax Planning for Partners, Partnerships, and LLCs is packed with practice tips and cautions to alert you to tax planning opportunities and steer you around potential pitfalls. Everything you need to know about tax law affecting partners, partnerships, and LLCs is contained here, including:

  • What changes were effected by the American Jobs Creation Act of 2004?
  • What are the special rules applicable to tax shelters?
  • What issues are involved in the tax classification of economic relationships?
  • What are the tax accounting rules for partnerships and LLCs?
  • How are taxes determined when distributions are made to partners or LLC members?
  • How is basis in a partnership/LLC interest determined and how is it adjusted as the entity is involved in transactions and changes in partners/members?
  • What are the special rules for transactions between partners/members and a partnership or LLC?
  • What are the tax effects when partnership/LLC property is distributed to partners or members?
  • How does one comply with the special rules for family partnerships/LLCs?
  • What are the tax consequences when a partner/member dies?
  • What are the tax consequences when a partnership/LLC is acquired, sold, or terminated?
  • What are the IRS procedures and reporting requirements for partnerships/LLCs?

Tax Planning for Partners, Partnerships, and LLCs is the essential source for answers and concrete guidance on your questions concerning both partner/partnership and LLC tax issues. Its straightforward approach and hands-on, practical examples will make this your fundamental reference tool for partnership and LLC taxation.

Please request for Free copy of Practice Note from Lexis Nexis in comments

Deliverables

What You Receive

Startup entity tax optimization review
Operating agreement tax covenants audit
Form 1065 / Schedule K-1 multi-member compliance blueprint
Complimentary LexisNexis analytical reference materials in comments
Common Inquiries

Frequently Asked Questions

What is Section 14.06 Tax Planning for Partners and LLCs?+

It is an authoritative analytical tax treatise covering the intricate rules of partnership formations, distributions, disguised sales, and allocation of partner liabilities under Subchapter K of the Internal Revenue Code.

How do I request a free copy of the LexisNexis Practice Note?+

Mention 'LexisNexis Practice Note' in the comments section when booking your consultation or sending a message through our Contact page. We will provide the reference memorandum alongside your consultation.

Direct Engagement

Book This Service with Viktor

Connect directly with Vikram Singh Angurala in Albany, NY or on a secure video call to get your file processed accurately.

Service ModelDirect Specialist
DeliveryIRS e-Filed
Est. Timeline2-5 Business Days
Book Startup Consultation
Why QuickTaxnBooks

Specialist-Led Guarantee

Strategic evaluation of Partnership vs S-Corp vs Disregarded Entity classification
Section 704(b) capital account maintenance & substantial economic effect adherence
Structuring founder equity grants, profits interests, and Section 83(b) elections
Free copy of LexisNexis Practice Note upon consultation request