Senate Democrats passed historic climate, healthcare and tax legislation on Sunday. The bill now heads to the House. An initial draft of the Inflation Reduction Act would have tweaked the taxation of ...

President Donald Trump has called for raising taxes on carried interest, a form of income earned by hedge funds and private equity. Trump and other critics, generally liberal Democrats, maintain that ...

Carried interest is a partnership tax concept, a hallmark of investment fund economics, and a driver of powerful estate planning opportunities. At the same time, complex tax rules pose traps for the ...

Being an aspiring commercial lawyer often means being confronted by complex, often abstract, concepts leading to an often impenetrable wall of jargon for students and trainees. Next up in our Legal ...

“Carried interest” is extraordinarily misleading. It implies a fixed and very certain income stream in the way that interest bearing accounts at banks do. Which is the problem. Carried interest is the ...

On April 16, 2026, Senators Ron Wyden (D-OR), Sheldon Whitehouse (D-RI), and Angus S. King Jr. (I-ME) introduced the Ending the Carried Interest Loophole Act (Bill). If enacted into law, the Bill ...

Carried interest is generally a percentage of the profits generated by a hedge fund or private equity fund. Learn more about carried interest and how it works.

There’s no denying that the One Big Beautiful Bill Act (OBBBA) has changed the tone of estate-planning discussions. By making higher federal estate and gift tax exemption levels permanent, the OBBBA ...

“Carried interest” is extraordinarily misleading. It implies a fixed and very certain income stream in the way that interest bearing accounts at banks do. Which is the problem. Carried interest is the ...

As we start 2025, advisors must guide clients through the intricacies of tax and estate planning strategies. For highly compensated clients who manage private equity, venture capital and hedge funds, ...