Partnership Research

[Gretel]

Looking for research sources for partnerships other than Google or IRS. Too bad it's summer now and not very many posters are available.

[JoshinNC]

What do you want to learn?

Looking for research sources for partnerships other than Google or IRS. Too bad it's summer now and not very many posters are available.

A good text can be picked up at your local community college bookstore. I recommend West's Federal Taxation (Comprehensive Volume) used in most undergrad level Federal Taxation courses. It has several great sections on partnerships and corps (including a very comprehexive section on S-Corps). Additionally, I am currently taking a class on Corporations and Partnerships in my undergrad studies. This course is more of a legal course, but covers a bit about partnership structure. I'll get the coursebook title and forward it.

While many of us are "out of the loop", we're still here to answer your questions.

[Gretel]

Thank you so much, JoshinNC, I just ordered this book at Amazon for a little over $8.00. Was very surprised to get it for amount.

[JoshinNC]

Wow!

I paid $150 for it a couple of years ago.

It really is a great text. Very informative.

[Gretel]

Coming back to my post. I am glad I paid only $8 because I am rather disappointed.

BUT I found everything my heart desires in the audit manual for partnerships. I got really exited, almost like reading a mystery the other way round: The mystery gets less and less. Just thought to let all of you know who still look for more research.

[JoshinNC]

maybe you got the wrong book?

Coming back to my post. I am glad I paid only $8 because I am rather disappointed.

BUT I found everything my heart desires in the audit manual for partnerships. I got really exited, almost like reading a mystery the other way round: The mystery gets less and less. Just thought to let all of you know who still look for more research.

If you want to understand the tax ramifications of partnerships I can't think of a better text.

Look on the back of the book and give me the ID #. I'll compare it to mine. I can't see how you would be disappointed with this text if you want to learn to understand partnership taxation.

[WhiteOleander]

Josh,
Would you post the ISBN #. I would be interested in looking at getting the book. I didn't see one on Amazon for such a low price as Gabriele found. I would like to make sure I am looking at the same one you are recommending.

Thank Youi

[Gretel]

Josh, Maybe I didn't say the right thing. My specific issue was addressed in depths. I didn't say the book is not good. ISBN 0-324-22090-1. My book is heavily used and marked and it is from 2005, which might explain the price. I didn't care about the latest issue since I most mostly interested in some basic topics but more thoroughly.

[JG EA]

Gabriele,

What about NATP?

http://www.natptax.com/self-study_course_offerings.html

They have courses for CPE, scroll down to the 3 choices for Partnerships. Maybe you don't want to spend that much, you can call them and ask to just buy the books.

[geekgirldany]

I would suggest PPC 1065 deskbook. I got their deskbooks for s-corporations and have been very happy. Just wish I would have bought the CD instead. I know it costs more but well worth it.

If you go on Half.com you can find the West Taxations books from $13.95 to $40. Just type in the ISBN Gabrielle listed or that maybe Josh will list.

[Gretel]

Gabriele,

What about NATP?

http://www.natptax.com/self-study_course_offerings.html

They have courses for CPE, scroll down to the 3 choices for Partnerships. Maybe you don't want to spend that much, you can call them and ask to just buy the books.

JG, You are right, if I can, I like to get good references that fit my budget. Sometimes that doesn't work. I checked out the website and it appears to be thorough education. Have you ever taken any of their courses? Which ones and what is your experience?

Thank you.

Gabriele

[JG EA]

Yes, I went to a few of their 1040 seminars and 1040 extra seminars over the years. One year I bought a Partnership video of a lecture to a class. That was interesting to me because I could play the parts over again that were confusing. I don't know if they do that anymore.

As a member they send monthly reports and Journals a few times a year. I really like their court cases summaries. I also like the quiz in the Journals. They also have a member's hotline that I use a lot, mostly off season when I struggling with the harder returns. It costs a bit ($21.50 a question) so I only use it when I can recoup because of higher priced tax returns.

Also on the website, if you are a member they have some worksheets that I sometimes find helpful. They also have a research question data base for free - questions that have been previously asked.

This is not an ad, but it is the most helpful organization that I've been a member. Of course not counting this board which is extremely helpful and free to boot. (And we all know that boot is not free - tax humor.)

[dsi]

NATP offers several excellent tax courses. Their fees are more than fair IMO. I've taken their online courses as well as attended live classes, both were full of great information.