Partnership-Related Items: Staying Relevant

As Seen in Procedurally Taxing - Tax Notes Federal

Part 1: In this article, Managing Director and contributing author for Procedurally Taxing Jenni Black considers what it means for an item or amount to be a partnership-related item, including whether something is relevant for determining chapter 1 liability.

Part 2: Managing Director Jenni Black continues her examination of what it means for an item or amount to be a partnership-related item and the seemingly absurd results produced under the Bipartisan Budget Act of 2015 if the determination of a partnership-related item was based on the facts and circumstances of a particular partnership.