Tax Aspects of Operating a Partnership-Taxed Organization
This outline discusses certain selected tax aspects involved in operating and extracting value from enterprises taxed as partnerships, including partnerships, both general and limited, and limited liability companies if they are taxed as partnerships (for simplicity of reference, sometimes referred to as “partnerships” in this outline).
Member of the law firm of Cohne Kinghorn, pc in Salt Lake City, Utah, www.cohnekinghorn.com
Transactional lawyer who practices in the areas of estate and tax planning, business and commercial transactions involving both corporate and partnership taxed enterprises (including tax, employment, and benefit issues relating to such transactions), loans and creditors' workouts, pension and profit sharing plans, health care law, charities and nonprofit organizations, probate, and real estate
Published several articles in Utah and nationally, most recently on limited liability companies and tax matters relating to real estate transactions; spoken to a variety of bar, accounting, and business and professional groups on a number of tax and estate planning and business related legal issues
Chair of the Utah State Bar Section of Estate Planning, 2013 to 2014; named business lawyer of the year by the Business Law Section of the Utah Bar, 2014; member of the American Bar Association, sections of real property probate and trusts, business law, tax law, and health law; American Health Lawyers Association; American Arbitration Association; Wasatch Front American Inn of Transactional Counsel, president, 2014, board member, 2013
J.D. degree, University of Utah; B.A. degree, with great distinction, University of California, Berkeley; comment editor of the Utah Law Review