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
- Under English law, force majeure clauses in contracts may allow parties to avoid their performance...
Read More >
Can a breach of one contract give rise to liability for lost profit on a related contract? Or is the...
Read More >
The FTC and DOJ announced today the temporary suspension of the practice of granting “early termina...
Read More >
New York continues to expand its protection of employees in the workplace with a series of laws sign...
Read More >
Rhode Island has followed the recent trend of its neighboring states—including Maine, Massachusetts...
Read More >
United States Citizenship and Immigration Service (USCIS) has implemented a new process for the annu...
Read More >