A limited partnership is a pass-through entity, which means it does not have to pay taxes as a corporation. Instead, it informs the IRS about its profits, losses, deductions and credits via the ...

Lilit Davtyan is the CEO of Phonexa, an all-in-one marketing solution for calls, leads, clicks, email, SMS, accounting and more. As the current economic climate continues to affect the spending ...

If you do business with another person, you are by definition a partnership. This structure is a general partnership -- essentially the same as a sole proprietorship -- unless the partners sign ...

“I am burnt out dealing with those three other guys, so we settled on $100,000 payoff. I’m using the money to open a new business and would like you to handle the books and taxes,” he said.

The partnership is then liquidated—that is, assets will be gathered in and used to settle business debts, and then the partnership is dissolved. Summarize the Assets.

With more than one business owner, there are likely to be conflicts on some of the decisions to improve the partnership. By creating a partnership agreement, partners can deal with issues ...

Peloton’s chief emerging business officer, in a press release. The partnership stems from both companies realizing that “dabbling in areas outside of their core competencies was not yielding ...

Whether your business is a partnership, corporation, limited liability company, or some other form of artificial entity, there are devices available that can address the procedure to be followed ...

When OpenAI CEO Sam Altman attended Apple’s annual developer conference this week, he walked the campus, mingling with current and former executives, including Apple co-founder Steve Wozniak.