The tax flexibility provided by partnership organization can be beneficial for many business and investment ventures. Our attorneys frequently advise clients on partnership and limited liability company (LLC) agreements for real estate, venture capital and other investment activities, as well as for operating businesses. We have considerable experience concerning the sometimes complex tax consequences of partnership and LLC activities, such as transactions between partners and the partnership, cancellation of partnership debt, partners joining and departing from the partnerships and partnership terminations. We also provide advice to other attorneys and professionals on partnership tax issues, such as proposed or existing tax allocation provisions, taxation of capital and profits interests and partnership mergers or dissolutions.
- Protecting Your Identity: Structuring Techniques for Preserving an Entity’s Existing Employer Identification Number in Cross-Species Mergers and ConversionsJuly 1, 2014Journal of Passthrough Entities (July-August 2014)