|Course||LLC, LLP, Partnership Tax (Taxation and Planning for LLCs and Partnerships) - Law 657|
Federal Income Tax
A study of the tax concepts involved in the formation and operation of Limited Liability Companies, Limited Liability Partnerships (which are treated as partnerships under federal tax law), and partnerships, including the sale and exchange of partnership property and interests. The course also covers partnership liquidations and special problems of limited partnerships and limited liability companies.
Classroom discussion of cases, statutes and IRS guidance, along with in-class problem analysis.
|Type of Exam||
3-hour open book - problem based format
|Basis for grading||
Final exam (80%), in-class quizzes and other participation (20%).
This course is extremely important for anyone considering a career as a tax attorney, business attorney or tax accountant.