As the business grows, it can become complicated and outgrow the partnership structure. The LLC, which stands for Limited Liability Company, is one of the most common small business structures. A sole ...

Partnerships are not subject to income tax at the entity level. Instead, they operate as pass-through entities, meaning the ...

The simplest business structure is the sole proprietorship (when there’s only one owner) or general partnership (when there are two or more owners). If you never formally set up a business with ...

Limited partnership business structures must adhere to specific legal requirements but other types of partnerships can create their own provisions. Real estate investment portfolios are one common ...

Personal liability is a major concern if you use a general partnership to structure your business. Like sole proprietors, general partners are personally liable for the partnership's obligations ...

Escalating cybersecurity threats and compliance complexities set the stage for a more collaborative, business-oriented ...

We began this structure with a client about 25 years ... have no right to participate in the management of the limited partnership business. This ensures that the parents or general partners ...

KPMG bosses are demanding dozens of mergers among the national partnerships that make up the global accounting firm in a move they hope will boost growth and prevent audit scandals, according to ...