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Pass-Through Entity Tax Digest  
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The useful, time-saving legal research tool for everyone in partnership, s corporation, and limited liability company taxation!

Pass-Through Entity Tax Digest, Second Edition is a comprehensive reference to relevant reported decisions of federal courts and IRS rulings on partnership, S corporation, and limited liability company taxation rendered since 1954. Carefully reviewed and skillfully edited, this handy volume presents concise and easily understandable abstracts of even the most complex issues.

PART I: Partnerships And Limited Liability Companies
"Partnership" and "Partner" Defined
Partner Status of Family Members and Donees
Partnership Interests Received in Exchange for Property or Services
Tax Concerns of the Partnership Upon Formation
Basis: Partnership Interests, Property, and Optional Basis Adjustments
Tax Treatment of Partnership Liabilities
Partnership Operation
Partners' Distributive Shares and Allocation of Partnership Tax Item
Limitations of Partnership
Partnership Distributions
Transactions Between Partners and Partnerships
Transfers of Partnership Interest
Termination of a Partner's Interest in a Partnership
Termination of Partnership
Tax Procedure

PART II: S Corporations
Eligibility for S Corporations Elections
Mechanics of S Corporation Elections
Tax Treatment of S Corporation Shareholders
Tax Treatment of the S Corporation
Procedural Matters


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