X
10Jul

Partners Must Pay Self-Employment Tax on Partnership Income—Even From a 'Disregarded Entity'

The IRS has published Final Regulations finalizing its prior guidance that partners in a partnership must pay self-employment tax on their partnership income, even if they work for an entity owned entirely by the partnership and that is disregarded...
By: Ballard Spahr LLP
Source Url: https://www.jdsupra.com/legalnews/partners-must-pay-self-employment-tax-51592/

Related

NLRB Rules Independent Contractor Misclassification Does Not Violate NLRA

In a case of first impression, a divided panel of the National Labor Relations Board (NLRB or Board)...

Read More >

FAQs for Employers Following the Passage of California’s New Law on Independent Contractor Misclassification

On September 18, 2019, Governor Gavin Newsom signed into law Assembly Bill 5, which clarifies when w...

Read More >

California Adopts Confusing FSA Notification Requirement

California recently enacted AB 1554 which purportedly requires an employer to notify employees of an...

Read More >

Kazakhstan takes next legislative steps towards developing electronic registration of immovable property and regulation of demolitions

A number of legislative amendments concerning construction and real estate have been introduced with...

Read More >

Vallen Distribution to Pay $75,000 to Settle EEOC Disability Discrimination Suit

Leading Industrial Supplies Provider Fired Employee After He Requested Leave For Prostate Cancer Rec...

Read More >

Federal Court Leaves TRO in Place Staying the Enforcement of AB 5 Against Motor Carriers

On January 13, 2020, U.S. District Court Judge Roger T. Benitez left in place a temporary restrainin...

Read More >