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recommendation for book on s corp and partnership tax?

PostPosted: 30-Jun-2022 11:21am
by taxp2345
Can anyone recommend some good book that teaches s corp. and partnership tax systematically?
Thank you!

Re: recommendation for book on s corp and partnership tax?

PostPosted: 30-Jun-2022 12:20pm
by TaxKeeper
Those are very broad topics. Are you looking for technical or legal or theory? Technical stuff, prepping returns, etc. can be found through nearly any CPE provider -- some better than others.

For a wide overview, these updated textbooks from my MS program were quite good:

  1. Fundamentals of Partnership Taxation
  2. Fundamentals of Corporate Taxation
  3. The Logic of Subchapter K

This link takes you to first, and the other two are within the "Frequently Bought Together" section...
https://www.amazon.com/Fundamentals-Partnership-Taxation-University-Casebook/dp/1642428779/ref=asc_df_1642428779/?tag=hyprod-20&linkCode=df0&hvadid=343211969017&hvpos=&hvnetw=g&hvrand=15000681243305529506&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9031284&hvtargid=pla-781408475187&psc=1&tag=&ref=&adgrpid=67797265823&hvpone=&hvptwo=&hvadid=343211969017&hvpos=&hvnetw=g&hvrand=15000681243305529506&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9031284&hvtargid=pla-781408475187

Re: recommendation for book on s corp and partnership tax?

PostPosted: 30-Jun-2022 12:47pm
by Treetopclimes
For S Corps, Robert Jamison is king:
S Corporation Taxation (2022) by Robert W. Jamison
https://www.amazon.com/Corporation-Taxa ... W.+Jamison

…but I have to confess, his stuff is always expensive and I always found a used copy or used one a couple of years out of date and then just flicked to the Master Tax Guide to confirm info still relevant. He publishes a new book every year, so just look under his name and find a used book.

Re: recommendation for book on s corp and partnership tax?

PostPosted: 30-Jun-2022 12:58pm
by sjrcpa
My bible for partnership taxation is McKee, Nelson & Whitmore: Federal Taxation of Partnerships & Partners (WG&L).
I think it was McKee & Nelson when I first used it in my Masters in Taxation course in the late 1980s.

Re: recommendation for book on s corp and partnership tax?

PostPosted: 30-Jun-2022 1:26pm
by Treetopclimes
If you can, go to a university bookstore. You can ask for a book list for the tax courses, see the latest books used, pick up used textbooks, and flip through the textbooks. You maybe partial to one textbook over another one because one may be general but the other more detailed… and also because some textbooks have very dense text with multiple concepts per page while other textbooks may have 1 concept per page with an example.

Re: recommendation for book on s corp and partnership tax?

PostPosted: 30-Jun-2022 3:44pm
by taxp2345
Thank you so much for the help, everyone!

Re: recommendation for book on s corp and partnership tax?

PostPosted: 13-Nov-2022 3:21pm
by taxp2345
sjrcpa wrote:My bible for partnership taxation is McKee, Nelson & Whitmore: Federal Taxation of Partnerships & Partners (WG&L).
I think it was McKee & Nelson when I first used it in my Masters in Taxation course in the late 1980s.


Is the fourth edition of this book published in 2007 too outdated? Has partnership tax laws changed a lot since then? What are major changes? Thanks

Re: recommendation for book on s corp and partnership tax?

PostPosted: 13-Nov-2022 6:09pm
by RazorbackCPA
taxp2345 wrote:
sjrcpa wrote:My bible for partnership taxation is McKee, Nelson & Whitmore: Federal Taxation of Partnerships & Partners (WG&L).
I think it was McKee & Nelson when I first used it in my Masters in Taxation course in the late 1980s.


Is the fourth edition of this book published in 2007 too outdated? Has partnership tax laws changed a lot since then? What are major changes? Thanks


You would be missing anything QBI related, as well as precontribution gain reporting.

Re: recommendation for book on s corp and partnership tax?

PostPosted: 13-Nov-2022 7:38pm
by Verytaxing
You would also be missing the changes under the Bipartisan Budget Act of 2015.