Mastering Partnership Taxation

Partnership taxation is perhaps the most challenging area of tax law to learn but the law library has some materials that will help those trying to become proficient in the concepts of this difficult subject.  Mastering Partnership Taxation (KF6452.L39 2012), recently published by Carolina Academic Press and authored by Professor Stuart Lazar, provides a thorough overview and is ideal for graduate tax students.  This source begins with an overview of the Internal Revenue Code's Subchapter K (26 U.S.C. §§ 701-771)  that has the provisions that deal with partnership taxation, then the author follows the life of the partnership from formation until liquidation, covering the tax issues involved. Chapter 9 contains a practical master checklist that summarizes the main points from all the chapters and there are tables of relevant authorities and an index. This book is now available on the new titles shelf in the library across from the circulation desk.

There  are a number of other sources that the law library has that focus on partnership taxation:

• Burke, Karen C. Federal Income Taxation of Partners and Partnerships in a Nutshell, 4th ed. St. Paul, MN: West, 2013 (KF6452.B87 2013, Reserve/Reference).
• Larson, Joni. Partnership Taxation: an Application Approach, Carolina Academic Press, 2010 (KF6452.L376 2010).
• Lipton, Richard M. Partnership Taxation, 3d ed. New Providence, NJ: LexisNexis, 2012. (ordered, should be arriving this semester).
• Schwarz, Stephen & Lathrope, Daniel J. Corporate and Partnership Taxation, 7th ed. St. Paul, MN: West, 2012 (KF6465.S38).
• Willis, Arthur B., Postlewaite, Philip F. Partership Taxation. Thomson Reuters/RIA, 2011- (KF6452.W55, two volume treatise, available on the Thomson Reuters Checkpoint database from the law library's website and Westlaw Next).