630 - Taxation: Taxation of Partnerships (2 hours)*
Partnership Tax teaches students a “pass-through” tax regime that applies not only to all forms of partnerships (general partnerships, LPs, LLPs, and LLLPs), but also to LLCs and (with some modifications) S-Corporations. Business entities that are taxed as partnerships make up a huge portion of tax filings and students looking to do legal work for family-owned or small businesses should have a solid background in Partnership Tax. Please note that this class is now being taught in the second half of a 4 credit hour block (from the Spring midterm until the Spring final). In the first half of that same block, I will teach Corporate Tax + tax considerations relevant to entity choice. Technically, it is 2 credits (Corporate Tax) + 2 credits (Partnership Tax) if you complete the full Spring semester, which you should. Or, you can enroll just in Corporate Tax for 2 credits and leave us at the midterm. Or, IF YOU HAVE ALREADY TAKEN Corporate Tax, you can enroll in the second half of the semester from the midterm to the final and pick up 2 credits for Partnership Tax.
* This course may be offered for 3 hours during some years.