Dax Grant is the CEO of Global Transform and an authority on C-suite leadership. Global 100 CIO, 100 Women to Watch, CREA Global Award List. In today's rapidly evolving digital landscape, the synergy ...

Editor’s Note: Under the 2017 tax reform legislation, the technical termination rule was repealed. Therefore, a partnership will be treated as though it is continuing even if more than 50 percent of ...

An overview of the US federal income tax rules that apply to partnership divisions, including guidance on determining whether a transaction is treated as a partnership division, the tax form of a ...

Private practices in the health care industry, including those owned by physicians, dentists, and other health care professionals, operate in a unique and highly regulated environment. In such an ...

As the number of partnerships and LLCs taxed as partnerships increases, so too will the number that terminate due to failure or owner disagreement. The Internal Revenue Code contains only a simple ...

Yes. The deduction of a limited partner’s share of partnership losses is limited by the partnership basis, the at risk rules and the passive loss rules. Partnership basis. A partner may not deduct the ...