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 ...

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 ...

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 ...

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 ...

The passage of recent tax legislation has brought welcome clarity to estate planners and private investors alike. With the federal estate and gift tax exemption now fixed at $15 million per individual ...

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.

“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 ...

John O'Farrell, a partner at venture capital firm Andreessen Horowitz, says he believes carried interest is essentially compensation for doing work, managing investments and generating returns; ...

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 ...

President Donald Trump has renewed calls to end a popular Wall Street tax break. The "carried interest loophole" refers to favorable tax treatment for certain compensation received by private equity, ...