The first master limited partnership (MLP) was formed by Apache Oil Company in 1981. In 1987 Congress legislated the rules for publicly traded partnerships in Internal Revenue Code Section 7704. MLPs ...

Understanding the tax consequences of the sale of an MLP interest is crucial. A basic understanding of the tax consequences helps to inform tax planning, leading to higher after-tax returns. It can ...

MLPs complicate the income tax requirements for IRAs. An IRA is required to report and pay Unrelated Business Income Tax (UBIT) if its MLP holdings earn a certain level of unrelated business taxable ...

One of the smaller, but potentially important, trends in the markets in 2018 so far has been several Master Limited Partnerships (MLPs) converting from MLPs to C Corps. In the handful of cases that we ...

A closer look at what midstream spinoffs can bring to the table As oil and gas production has boomed across the U.S., integrated energy companies have realized that there is a fair bit of money to be ...

Every bull market eventually comes to an end. The catalysts pushing profits, dividends and share prices higher ultimately dissipate. Equity valuations become so high that the expectations built into ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Suzanne is a ...

Discover how MLPs differ from LPs in terms of business ownership, public trading, and tax advantages. Learn which structure provides better returns and liability protection.