The U.S. Court of Appeals for the Fifth Circuit ruled that the meaning of “limited partner” under Section 1402(a)(13) of the Internal Revenue Code ...
Limited partnerships (LPs) are a specific type of business structure that consists of at least one general partner and one or more limited partners. The general partner typically assumes full ...
What does the phrase “limited partner, as such” mean? There is no statute or regulation that defines the term. The tax code ...
On January 16, 2026, in Sirius Solutions, L.L.L.P. v. Commissioner, No. 24-60240 (5th Cir. Jan. 16, 2026), the U.S. Court of ...
Taxpayers and the Internal Revenue Service have been battling over the limited partner exception to SECA taxes for many decades. Most compensation earned by taxpayers is subject to employment taxes.
The IRS wants to argue that the more involved a limited partners is in the day-to-day operations of a business, the more likely they should be subject to self-employment tax. What is a limited partner ...
LPs are entities or individuals who contribute capital to VC funds. In venture capital, limited partners or LPs are entities or individuals who contribute capital to VC funds. LPs invest in the fund’s ...
The Tax Court in Soroban Capital Partners LP, 161 T.C --, No. 12, Dec. 62,310, has recently addressed the issue of when limited partners may be subject to self-employment tax, or, stated another way, ...
US - Fifth Circuit Rejects IRS’ ‘Passive Investor’ Test For Limited Partner Exception In Self-Employment Tax. Legal News and Analysis - USA - Labour & Employment, Tax - Conventus Law ...
Master limited partnerships (MLPs) offer attractive returns for investors in the energy sector. MLPs focus on natural resources like oil, gas, timber and solar energy. They offer a favorable tax ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results