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Finance & markets · 17/03/1997Updated: 10/17/2026 · 1 min read

Definition of Limited Partner for Self-Employment Tax Purposes Explained

Summary

The IRS provides guidance on what constitutes a limited partner for self-employment tax purposes, clarifying the distinction between partners in a limited partnership and self-employed individuals.

Original source language: Federal Register — Department of the TreasuryOpen original release →

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Finance & markets · 10/8/2026

OFAC Sanctions Actions Update

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of individuals whose assets have been unfrozen and those removed from the Specially Designated Nationals and Blocked Persons List (SDN List), as well as updates to the identifying information of individuals or properties still blocked on the list.

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Finance & markets · 10/7/2026

OFAC Sanctions Actions Notice

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing updates to its sanctions lists, including the removal of individuals and entities from the Specially Designated Nationals and Blocked Persons List (SDN List) and the Non-SDN Palestinian Legislative Council (NS-PLC) List, as well as updates to property and interests in property currently blocked or subject to prohibitions.

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Finance & markets · 10/6/2026

Notice of OFAC Sanctions Action

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has published the names of individuals or entities on its Specially Designated Nationals and Blocked Persons List (SDN List) due to OFAC's determination that certain legal criteria were met. As a result, U.S. persons are prohibited from conducting transactions with these entities, and their property and interests in property subject to U.S. jurisdiction are blocked.

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