Partnership and LLC Equity Compensation Resource Kit

Summary

This resource kit provides Practical Guidance resources to assist in the design and implementation of an equity compensation program to be issued by partnerships, limited liability companies (LLCs), or any other similarly taxed entities, taking into consideration both the risks and rewards associated with the implementation of such programs. Equity compensation is a significant portion of the total compensation paid to service providers no matter whether the service recipient is ultimately taxed as a corporation or as a partnership. Nevertheless, a service recipient's form of business entity will affect many aspects of its equity compensation arrangements, such as the types of awards and the timing of the corresponding income inclusion for recipients of such awards.