This annual update reviews court rulings and guidance on issues including debt and income allocations, distributions, and basis adjustments.
partners & partnerships
February 2024 - The Tax Adviser
TAX CLINIC
expenses & deductions
FOREIGN INCOME & TAXPAYERS
partners & partnerships
STATE & LOCAL TAXES
COLUMNS
TAX PRACTICE RESPONSIBILITIES
CAMPUS TO CLIENTS
CASE STUDY
employee benefits & pensions
Profits interests: The most tax-efficient equity grant to employees
By granting them a profits interest, entities taxed as partnerships can reward employees with equity. Mistakes, however, could cause challenges from taxing authorities.
