%0 Book %A Friedland, Jerold A. %I Carolina Academic Press, LLC %D 2022 %C Durham, North Carolina %G English %B Carolina academic press understanding series %B Understanding series %@ 1531016626 %@ 9781531016623 %T Understanding partnership and LLC taxation %7 5th ed. %X "The fifth edition updates the text to discuss important recent legislation, regulations and cases affecting partnerships. The new partnership audit, assessment and collection rules enacted by the Bipartisan Budget Act of 2015 are discussed as well as the associated tax planning. The update describes recent regulations governing bottom dollar payment obligations, disguised sales of property to or by a partnership, and new rules relating to taxation of foreign partners and partnerships"--