Partnerships are not subject to income tax at the entity level. Instead, they operate as pass-through entities, meaning the ...

A partnership is the fastest-growing form of operating a business in America. Partnerships offer much flexibility in tax reporting. The most significant element of this flexibility is the partners’ ...

The American Institute of CPAs has sent a letter to the Multistate Tax Commission and a related work group recommending changes in their proposed approach to state tax sourcing of partnership income.

In this episode of Tax Notes Talk, the first of a three-part series, Damien Martin and Tony Nitti of EY discuss their top tax cases from 2024, focusing on two partnership cases: Denham Capital ...