Although the general rules for how partners are taxed on distributions are relatively straightforward, many subtleties and exceptions can lead to missteps.
partners & partnerships
August 2024 - The Tax Adviser
REAL ESTATE
Converting a rental or vacation home into a primary residence
Individuals relocating to another dwelling they own may face tax issues including periods of nonqualified use and, for previous rental units, depreciation recapture.
ADVERTISING SUPPLEMENT
Protecting taxpayer data (and where to even begin)
Jared Ballew, CEO, Vice President of Government Relations, Drake Software, discusses data management.
TAX CLINIC
expenses & deductions
FOREIGN INCOME & TAXPAYERS
INTEREST INCOME & EXPENSE
MISCELLANEOUS
partners & partnerships
STATE & LOCAL TAXES
COLUMNS
TAX PRACTICE RESPONSIBILITIES
CAMPUS TO CLIENTS
PRACTICE MANAGEMENT
2024 tax software survey
To get through the rigors of tax season, CPAs depend on their tax preparation software. Here's how they rate the leading professional products.
