Further, these partnerships often invest in foreign entities. Many partners, especially limited partners, have no ability to direct the partnership’s operations and investment choices. Since foreign ...

At $3,000 and never adjusted for inflation during nearly a century, the Sec. 861(a)(3) de minimis exception seldom applies.

With less than a year to go for the pilot phase of MTD for Income Tax, accountants and bookkeepers foresee a huge opportunity to support their sole ...