September 2010 - The Tax Adviser

In recent decisions, courts have held that interests in an LLC that elects to be treated as a partnership for federal income tax purposes should not be treated as limited partnership interests per se.

Beginning in 2013, a company’s tax deduction for covered retiree prescription drug expenses will be reduced to the extent these expenses are reimbursed under the retiree drug subsidy program.

This article examines the tax treatment of expenses incurred by individuals who are temporarily out of work.

This article examines developments in estate, gift, and generation-skipping tax planning and compliance between June 2009 and May 2010.