Alan J. Tarr, of Loeb & Loeb writes about the New York City Bar Association Report offering new proposed guidance on the treatment of a partner as an employee for federal tax purposes as reported by the Committee on Taxation of Business Entities.

This report, which was submitted on behalf of the New York City Bar Association by its Committee on Taxation of Business Entities, proposes new guidance, relating to the treatment of certain partners as employees for federal tax purposes.

via New York City Bar Association Report Offering New Proposed Guidance on the Treatment of a Partner as an Employee for Federal Tax Purposes As Reported by the Committee on Taxation of Business Entities | Loeb & Loeb LLP – JDSupra.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.