Articles
Renkemeyer Compounds the Confusion in Characterizing Limited and General Partners—Part 1
Published in Journal of Taxation
December 2011
This article discusses the uncertain federal tax characterization of members of partnerships and LLCs as being "limited partners" or "general partners," and the effects of the U.S. Tax Court's impactful decision in Renkemeyer, Campbell & Weaver, LLP v. Commissioner of Internal Revenue.