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

Amendment to Child Protective Services Law Eliminates “Provisional” Background Checks for Schools

Any Pennsylvania university, college or K-12 school that had allowed employees to begin working whil...

Read More >

The Final Rule on Overtime is Finally Here: Minimum Salary Level for Exemption Increased to $35,568 Effective January 1, 2020

The U.S. Department of Labor unveiled its long-awaited final rule on the overtime “white collar” e...

Read More >

FTC Announces 2020 Increases to HSR and Clayton Act Thresholds

The Federal Trade Commission (FTC) announced on January 28, 2020, the reporting thresholds under Sec...

Read More >

The Practical Implications of the EU-China Investment Deal

On December 30, 2020, the EU and China announced the conclusion of the negotiations of the investmen...

Read More >

Financial Daily Dose 3.18.2020 | Top Story: Markets Gain on Stimulus Promise as Volatility Rules

Volatility’s the name of the game these days on Wall Street. So what was down on Monday was up (a b...

Read More >

The Delaware Court Of Chancery Finds That Fraud May Serve As An Alternate Source Of Recovery For Aggrieved Purchasers

Swift Acquisition Corp. v. Krauss, et al., Case No. 2019-0509-PAF (Del. Ch. Aug. 25, 2020)—The Dela...

Read More >