This book helps addresses the tax consequences of the most common transactions engaged in by limited liability corporations (LLCs)and partnerships. You will develop a level of comfort with the basic conceptual framework underlying partnership and LLC taxation, as well as gain an explanation of the tax consequences associated with issues most frequently confronted by tax practitioners. Topics covered include: basic tax structure of partnerships and LLCs; electing to be taxed as a partnership: check-the-box rules; tax consequences of partnership or LLC formation; partnership distributions; compensatory payments to partners; at-risk and passive activity limits; profit and loss allocations: general rules and restrictions; and reporting taxable income for partnerships and LLCs.

Drying kilns, corn-dryers and malting ovens are increasingly familiar features in post-Roman, Anglo-Saxon and medieval archaeology. Their forms, functions and distributions offer critical insights into agricultural, technological, economic and dietary history across the British Isles. Despite the significance and growing corpus of these structures, exceptionally few works of synthesis have been published. Yet such a foundational study was produced by Robert Rickett as early as 1975: an undergraduate dissertation which, for the first time, assembled a gazetteer of drying kilns from across the British Isles, critically examined this archaeological evidence in the light of documentary research, and established a typology and uniform terminology for drying kiln studies. This pioneering and oft-cited dissertation is here published for the first time, providing a foundation for the future study of drying kilns in Britain, Ireland and beyond. A new introduction and notes by Mark McKerracher set the original work within the context of drying kiln research since 1975.