And not all PTPs are MLPs; some could be publicly traded limited liability companies (LLC) that have decided to be taxed as a partnership. Just as with ordinary shares, when investors sell shares ...

Buried within the BBA audit rules are strict requirements applicable to amending a partnership income tax return—known as an ...

As of January 1, 2025, new reporting requirements and annual filings under Pennsylvania Act 122 of 2022 have become effective ...

A US-based private fund commonly uses either a Delaware limited partnership or a Delaware LLC as its legal entity. However, it's typical to see a nested structure in which the fund is a limited ...

Farm owners and operators have five main business entities to select from. They include sole proprietorship, general partnerships, limited liability partnerships, ...

Silent partners are most often involved with limited partnerships or limited liability companies (LLC) as opposed to general partnerships. Although state regulations can vary regarding silent ...

Greater asset protection can be achieved by holding the general partnership interest in a limited liability company (LLC) that is owned and controlled by the parents. At the same time, the parents ...

An LLC can invest other people’s money, but the process depends on how the LLC is structured and whether it complies with ...

According to the Government of India, it is necessary to register every business legally. In such a situation, all ...

LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the ...

Top ED officials said that of the 350 entities incorporated by Martin and his family members, there were 15 partnership firms ...