Tax Analysts Announces Monthly Column on Partnerships

Appears in This Week's Tax Notes Magazine, Tax Notes Today

FALLS CHURCH, Va., April 20 /PRNewswire-USNewswire/ -- Tax Analysts, the
nonprofit provider of federal, state and international tax news and analysis,
announced its launch today of a new monthly column, "The Partnership Tax
Report."

(Logo: http://www.newscom.com/cgi-bin/prnh/20060914/TALOGO )

The column, by PricewaterhouseCoopers LLP tax professionals Monte Jackel and
Bob Crnkovich, appears for the first time in today's issue of Tax Notes, the
weekly magazine on federal tax policy and administration, and it will also
appear tomorrow in Tax Notes Today, the daily online publication on the same
topics.

Jackel, a managing director at PricewaterhouseCoopers Washington National Tax
Services (WNTS) in Washington, DC, often writes and speaks publicly about
partnership taxation. He has held several positions with the IRS Chief
Counsel's national office in Washington and the Treasury Department's Office
of Tax Policy.

Crnkovich, a principal with PricewaterhouseCoopers Washington National Tax
Services in Washington, also writes and speaks about partnership tax matters.
He is an adjunct professor at the Georgetown University Law Center, where he
teaches the Advanced Partnership Taxation and Private Equity and Hedge Fund
courses.

The new column will address current topics of interest in partnership taxation
and provide perspectives on the current state of the law, recent developments
in IRS guidance and case law, recent legislative developments, and
perspectives on where Congress should change the law to address issues and
problems of interest to practitioners and the government.

Today's column examines timing and character issues regarding certain deferred
compensation arrangements. Specifically, it focuses on the timing issues
surrounding partnership allocations as deferred compensation under sections
409A and 457A, and character issues surrounding partnership allocations under
recently proposed legislation in the area of carried interest.

To learn more about Tax Analysts, please go to the website at
www.taxanalysts.com.

About Tax Analysts:

Tax Analysts is an influential provider of tax news and analysis for the
global community. Over 150,000 tax professionals in law and accounting firms,
corporations, and government agencies rely on Tax Analysts' federal, state,
and international content daily. Key products include Tax Notes, Tax Notes
Today, State Tax Notes, State Tax Today, Tax Notes International, and
Worldwide Tax Daily. Founded in 1970 as a nonprofit organization, Tax
Analysts has the industry's largest tax-dedicated correspondent staff with
more than 250 domestic and international correspondents. For more information
and the latest news, visit our home page.

CONTACT: Wendy Lewis of Tax Analysts, +1-703-533-4404, Wendy_Lewis@tax.org;
or Lawrence Haas, +1-202-257-9592, larry@larryhaasonline.com, for Tax Analysts

SOURCE Tax Analysts

Wendy Lewis of Tax Analysts, +1-703-533-4404, Wendy_Lewis@tax.org; Lawrence
Haas, +1-202-257-9592, larry@larryhaasonline.com, for Tax Analysts