Partner Joseph Mecagni explores self-employment taxes for limited partners in his latest for The Mann Report
By Joseph Mecagni, Partner, Tax & Business Services
Excerpt:
Every year, countless real estate investors channel their investments through limited liability companies (LLCs), partnerships, private equity, and hedge funds. These taxpayers need to stay informed about the intricacies of self-employment tax obligations and keep on top of the latest regulatory shifts, such as the changes to the limited partner exception and the implications of the IRS’s audit campaign.